Rhode Island offers rebate for the purchase of EVs
Rhode Island DRIVE rebate program
Here at Speedcraft Volkswagen, we’re happy to announce that we will be taking part in the DRIVE program designed by the Rhode Island Office of Energy Resources (OER) and working to provide more Ocean State drivers with more sustainable electric vehicles at incentive prices.
The Driving Rhode Island to Vehicle Electrification (DRIVE) Rebate Program was created as a part of the solution to the growing problems within the transportation sector. According to the Rhode Island State Energy Plan, transportation accounts for 40% of total statewide energy expenditures and releases 4.5 million tons of CO2 into the atmosphere annual.
To help alleviate this problem, Rhode Island is encouraging more of its drivers to opt for alternative clean transportation solutions such as electric vehicles. Not only to EVs leave much smaller a carbon footprint, but they also reduce the fuel cost for owners.
Inspired by similar programs offered in Connecticut and Massachusetts, OER will be offer qualifying Rhode Island applicants a financial incentive in the form of up to $2,500 toward the purchase or lease of an electric vehicle. The amount received will be decided based on the capacity of the vehicle’s battery. Statewide, a total of $200,000 will be made available to fund this program.
So if you’re interested in taking advantage of this excellent opportunity, we encourage you to visit us here at Speedcraft Volkswagen. We’ll be happy to help you get behind the wheel of a new 2016 Volkswagen e-Golf. The e-Golf comes with a 24.2 kWh 323 V lithium-ion battery, which is large enough for it be eligible to receive the maximum rebate amount of $2,500.
To get started, take a look at the models in our inventory and schedule an appointment for a test drive.
How to qualify and apply
In order to qualify for the DRIVE rebate program, drivers must be Rhode Island residents with a vehicle registered in the Ocean State. The incentives will be awarded in a first-come, first-serve basis.
After purchasing or leasing your e-Golf, you will need to complete and online application to reserve your rebate amount and provide the OER with necessary information. The application needs to be submitted to OER within 10 business days of your lease or purchase.
For more information or if you have any questions, feel free to contact us here at Speedcraft Volkswagen. We’re always happy to help!