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Trump tells Justice Dept. to seek release of Epstein grand jury testimony; NV education advocates blast freeze on federal funds; and VA leaders push EV adoption as economic, national security imperative.

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An asylum case sparks alarm, protests invoke the late John Lewis, Trump continues to face backlash over the Epstein files and the Senate moves forward with cuts to foreign aid.

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Demand high for WA EV incentive program

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Wednesday, August 28, 2024   

Washingtonians want to drive electric vehicles and a new rebate program from the state is providing proof.

Earlier this month, the Washington State Department of Commerce launched its EV Instant Rebates program.

Steven Hershkowitz, clean transportation managing director for the Washington State Department of Commerce, said the program is designed especially to reach low and middle income residents. He said EVs are nearly at price parity with gas-powered cars but the vast majority of transactions for vehicles of any kind is of used vehicles.

"It's just very difficult to break into the new vehicle market," Hershkowitz acknowledged. "We wanted to make it more accessible for low-income families who are used to buying on the used market disproportionately."

Hershkowitz explained the program focuses on leasing, providing $5,000 rebates for the purchase or lease for 24 to 35 months of new EVs, and $9,000 rebates for leases of 36 months or longer. Rebates are $2,500 for the purchase or lease of used EVs. Hershkowitz noted the program has provided more than a thousand rebates since the start of the month, two to three times the agency's expectation.

Rebates from the program can also be added to federal credits for EVs. But Hershkowitz cautioned there are many restrictions on which EV models are available for federal credits, which is why the Department of Commerce is focused on leasing.

"Leases do not have the same restrictions because of the way the Inflation Reduction Act language is written," Hershkowitz stressed. "That was one of the reasons why we emphasized leases, was to maximize how much of those federal dollars are coming into Washington state."

Hershkowitz added the rebate program's success is not surprising.

"There's tremendous demand for electric vehicles and it's really showing that price has been a barrier for a lot of people," Hershkowitz contended. "A program like this that is on the consumer-demand side of the equation is really important for being able to speed up the pace of uptick."


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