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In Delaware, drivers who purchase eligible electric or plug-in hybrid electric vehicles can save up to $10,000 with the federal and state incentive programs.
Guess what the leading cause of greenhouse gas emissions is? Transportation. It gets worse, though—90% of our transportation energy comes from petroleum.
We need green vehicles more than ever! That’s why many states offer incentives to encourage drivers to go green. These incentives usually come in the form of rebates, tax credits, or discounts that help reduce the cost of owning and maintaining an electric vehicle.
Not only are there state-specific incentives, but there are also federal rewards. To help you understand, the car insurance comparison and broker app Jerry has compiled a guide to Delaware electric vehicle incentives.
How much can I save with the Delaware electric vehicle incentive?
You could save up to $10,000 thanks to electric vehicle incentives. The federal tax credit is up to $7,500 depending on the car’s battery capacity. Connecticut offers up to $2,500 in rebates through its clean vehicle rebate program.
You can also get a billing credit from Delaware Electric Cooperative to the amount of $200 once and then $5 each month.
How to get the Delaware electric vehicle incentive
The Delaware Clean Vehicle Rebate is a cash rebate and you must apply for it within 90 days of your purchase date. To be eligible, the total vehicle price may not exceed $60,000.
To access the rebates from Delaware Electric Cooperative, you must have a ChargePoint Home electric charger that is connected to WiFi. Then, you must set up your station so that your vehicle does not charge during peak periods.
How to find cheap car insurance for your electric vehicle
Most companies offer discounts just for owning an electric car, but you could be eligible for tons of other discounts. The Jerry app can help you learn more.
Let Jerry help you quickly compare rates across top insurance companies. The app is free, your personal data is safe, and the average Jerry user saves $879 per year on car insurance.
If you have an electric or hybrid vehicle, Jerry can help you find a great policy.
"When we added a new car to our family, we were shocked at how high our current insurer was going to hike our rates. We used Jerry for some comparison shopping and are now saving around $1000 a year. Thank you, Jerry!" —Darius P.
Haven’t shopped for insurance in the last six months? There might be hundreds $$$ in savings waiting for you.
Judith switched to Progressive
Saved $725 annually
Alexander switched to Travelers
Saved $834 annually
Annie switched to Nationwide
Saved $668 annually