Ontario Hikes Max EV Rebate To $14,000, While Decreases Rebates For $75,000+ Plug-In Vehicles

Written by Ignition Staff on .

Ignition 2016-Chevrolet-Volt-015

The Ontario government has increased the maximum government incentive available to plug-in buyers in the province to $14,000, a major increase from its previous $8,500 maximum, which was already the highest provincial rebate offered in Canada. But it also caps the rebate down to $3,000 for plug-ins that cost between $75,000 and $150,000, which essentially cuts the rebate by almost a third on all current Tesla models.

The updated Electric Vehicle Incentive Program increases the variable rebate from a $5,000-$8,500 range to a $6,000-$10,000 range, depending on the size of the battery. There is also now an additional $1,000 for plug-ins with five or more seats, and another $3,000 available for vehicles with larger battery capacities and therefore more all-electric range.

This is on top of the $1,000 also available to consumers for the purchase and installation of a 220-volt charging station, plus the Ontario government committed in December to fast track $20 million in provincial funds to help establish a network of quick charge electric vehicle stations that will help EV buyers travel longer distances.

Ontario Transportation minister Steven Del Duca reportedly stated at the announcement that not only will drivers with the province’s green license plates be allowed to drive alone in the carpool lanes, but they will also be able to drive for free in the upcoming “high occupancy toll” (HOT) lanes the province is planning to introduce.

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