Buying an electric vehicle (EV) doesn’t merely minimize your carbon footprint. The decision comes with many perks that can help you offset some of the amount you spend buying your electric vehicle.
Solar Optimum has scrutinized some of these incentives, including the Orlando EV rebate. Discover what the EV rebate is and its eligibility along with extra incentives you get when you lease or buy an EV.
What Is the Orlando EV Rebate?
The Orlando EV Rebate is a financial incentive issued by the Orlando Utilities Commission (OUC) to its customers who purchase or lease plug-in EVs. Beneficiaries get a cash reward of $200 for embracing environmentally friendly transportation. This is one of the only EV incentives across the state.
Who Is Eligible for the Orlando EV Rebate?
All OUC customers who purchase or lease an EV are eligible for the Orlando EV rebate. To secure the incentive, beneficiaries must apply for the rebate within six months of acquiring their electric vehicle and reside within the OUC electric service territory. The application should be accompanied with a proof of purchase.
What Other Incentives Do EV Owners Qualify For?
The Orlando EV rebate isn’t the only incentive you get when you purchase or lease an electric car. There are a couple of other financial rewards that you can redeem to offset the costs of buying, recharging, or maintaining your EV. These include:
1. $7,500 Federal EV Rebate
The federal government allows you to deduct $7,500 directly from your taxes after buying an electric vehicle. For instance, if you owe $15,000 in federal income taxes, you subtract the $7,500 EV rebate and remit the rest.
2. $50 for test-driving an EV
You don’t have to buy or lease an EV to qualify for Orlando’s EV rebates. Instead, you can get one by taking a test drive at Orlando Utilities Commission’s authorized dealers. The test drive qualifies you for a $50 Visa card gift.
3. Solar Incentives
Instead of charging your EV with grid electricity, it matters to use solar to power your car. Solar energy will not only cut your electricity bills, it will qualify you for various incentives offered to people using green energy. Such incentives include the federal solar tax credit.
4. Battery Storage
On top of solar panels, add solar battery storage to your EV charging station. The batteries will store enough power for future use. Moreover, solar-charged batteries can qualify you for extra tax credits. In fact, with batteries, you can get a tax credit to cover up to 30% of your solar power installation costs.
Learn How To Set up Solar Power for Your EV From Solar Optimum
Setting up a solar power system for your EV is a little complex. It involves buying high-quality solar accessories, including panels and batteries, which you want to ensure match your energy needs.
The technicians at Solar Optimum understand everything needed to set up a solar energy system that fits your needs. From Polk County to Central Florida, we will help you set up an efficient solar energy system so you can start enjoying great savings. Contact us or download our Ultimate Guide to Going Solar to learn how you can use power from the sun to charge your car.
