New Jersey Will Pay Residents Up To $4,000 To Buy Or Lease An Electric Vehicle | Carscoops carscoops
will be eligible for the discount starting on July 25. Buyers can apply for the program at the point of sale.‘s Energy Master Plan, which calls for the state to reach 100 percent green energy by 2050. The governor’s office said that the transportation sector accounts for more than 40 percent of the state’s greenhouse gas emissions, making it an important target under the plan.law, meanwhile, it has to provide a minimum of $30 million in annual incentives for Charge Up New Jersey for 20 years.
Together with the federal tax rebate for electric vehicles, which is currently worth up to $7,500, New Jersey residents could get up to $11,500 off the purchase price of a new electric vehicle if it’s worth less than $45,000.
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