Rebate Overview
Overview
Silicon Valley Power offers a rebate for purchasing a pre-owned electric vehicle. To qualify, the vehicle's model year must be at least two years earlier than the purchase year, and the purchase price must be below $25,000. The rebate amount ranges from $1,000 to $3,500, depending on eligibility.
Benefits
Upgrading to a pre-owned electric vehicle can make your home more comfortable and environmentally friendly. It reduces pollution from gas-powered cars and supports a cleaner climate. Plus, it can increase your home's value and appeal to potential buyers.
More Information
- Rebate amounts vary based on eligibility.
- To qualify, the vehicle's model year must be at least two years earlier than the purchase year.
- The purchase price must be below $25,000.
- Income-qualified customers may receive a bonus rebate of $1,000.
- Vehicles with a miles per gallon of gasoline equivalent (MPGe) of 117 or greater may be eligible for an additional bonus rebate of $1,000.
- To be eligible, customers must already be enrolled in the Financial Rate Assistance Program (FRAP), which provides a discount of up to 40% off your electric bill.
Details
- Incentive type: Rebate
- Amount: $ 1,000
- Maximum Amount: $ 3,500
- Category: Vehicle
- Provider: Silicon Valley Power
- Link: More details
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