How To Claim Rebates On Electric Vehicles In Canada
How To Claim Rebates On Electric Vehicles In Canada
Posted on January 4, 2024
In Canada, electric vehicle (EV) rebates and incentives vary by province, with additional support from the federal government. As of 2023, here's an overview of how these rebates work across the country:
Federal EV Incentives
The Canadian federal government's iZEV Incentive Program offers rebates to encourage the purchase or lease of zero-emission vehicles, including battery-electric, hydrogen fuel cell, and longer-range plug-in hybrid vehicles. The incentives range up to $5,000 for battery-electric and hydrogen fuel cell vehicles, while shorter-range plug-in hybrids are eligible for a $2,500 rebate. The eligibility of vehicles for the federal rebate depends on the vehicle size and the base model's Manufacturer’s Suggested Retail Price (MSRP).
Provincial Incentives
Quebec offers a rebate of up to $7,000 for new BEVs or fuel cell vehicles. PHEVs are eligible for rebates of up to $5,000, depending on the size and range of the battery. Quebec also incentivizes the installation of Level 2 home charging stations with a $600 rebate.
British Columbia (BC) provides up to $3,000 for new BEVs and PHEVs, assuming the vehicle's MSRP is under certain limits. BC also offers the SCRAP-IT program, which provides additional rebates for trading in older fuel-burning vehicles for electric ones.
New Brunswick's Plug-In NB program offers rebates of up to $5,000 for new BEVs and $2,500 for PHEVs with a shorter range. The province also offers rebates for used electric vehicles and provides support for the installation of home charging stations.
Nova Scotia through the Electrify Nova Scotia Rebate Program, provides rebates of up to $3,000 for new BEVs and PHEVs with a range of 50 km or more. Used BEVs are eligible for a $2,000 rebate.
Prince Edward Island offers rebates of up to $5,000 for new BEVs and $2,500 for PHEVs, with additional support for the installation of home chargers.
Newfoundland & Labrador's NL Hydro EV Rebate program provides $2,500 for the purchase of new or used BEVs and $1,500 for PHEVs.
No Provincial Incentives
As of 2023, the provinces of Alberta, Saskatchewan, Manitoba, Ontario, and Newfoundland and Labrador, along with the territories of Yukon, Northwest Territories, and Nunavut, do not offer provincial incentives for EVs. However, residents of these regions can still avail of the federal incentives.
Conclusion
The availability of EV rebates in Canada reflects a growing commitment to encouraging the adoption of environmentally friendly vehicles. These incentives make electric vehicles more accessible and affordable, supporting Canada's efforts to reduce greenhouse gas emissions and transition to sustainable transportation. Potential EV buyers should review the latest program details from the respective provincial and federal websites to understand the specifics of each program, as they are subject to change.
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