Charged EVs | California utility offers $4,000 purchase incentive for used PHEVs


California utility offers $4,000 purchase incentive for used PHEVs

Peninsula Clean Energy (PCE), which serves approximately 290,000 accounts in California’s San Mateo County, is offering a $4,000 incentive toward the purchase of a used PHEV for lower-income customers.

PCE is offering the DriveForward Electric incentive in
partnership with the nonprofit Peninsula Family Service (PFS), whose DriveForward
program offers affordable interest rates on vehicle loans for qualifying buyers.
Eligibility for the program is based on total household income, ranging from up
to $48,560 for one person to up to $169,520 for a family of eight.

Participants must live or work in San Mateo County, have a
valid driver’s license, and have the income to cover the vehicle loan and
maintenance and fueling expenses. They must also be able to plug in the vehicle
at their residence or workplace.  

“Used plug-in hybrid electric vehicles can provide
affordable and reliable transportation for all members of our community who
need a car to access better jobs or opportunities,” said Jan Pepper, Peninsula
Clean Energy CEO. “Electric cars deliver additional savings to drivers by
reducing maintenance and fuel costs compared to a gas-powered car.”

Source: Peninsula Clean Energy

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