There are around 50,000 registered electric cars in Colorado. Gov. Jared Polis has set a goal to have 100% of Colorado’s light-duty cars be electric by 2050, and they’re on track to succeed.
To meet the State’s climate targets, Colorado has beefed up their incentives
to encourage the adoption of electric cars, and it’s working. According to the Department of Motor Vehicles, by 2030, there should be 940,000 electric cars on Colorado roads. Electric car incentives in Colorado
With Xcel Energy’s $100 million electric transportation plan, you can receive a rebate for new and used models priced under $50,000. There are also State incentives extended into 2025.
This rebate is currently $2,500 but will drop to $2000 by 2025. These are just a few ways that Colorado has managed to encourage so many people to jump on the electric car wave and don’t plan to slow down any time soon.
Ensure your electric car receives the best car insurance coverage in one simple step. Download the Jerry app
, and Jerry will contact your insurance company to get the details of your current coverage, so you don’t have to scale a mountain of questions. You get all the best prices and coverage with none of the legwork. And if that company isn’t for you, Jerry helps cancel your old policy.