New Jersey NJ EV Rebate

[drotto25]

I got my check last week. Car was picked up on 9/30 so is took about 10 weeks.

 

[spokey]

picked up 9/8 rebate submitted 9/10 so it took me 3 months + 1 week.

 

[drotto25]

NJ rebate is apparently out of money for now. May come back this summer.

 

[hakunamattata]

NJ rebate is apparently out of money for now. May come back this summer.

Just curious what is your source? Are you referring to this announcement NJBPU Announces Successful Conclusion of First Phase of Charge Up New Jersey EV Incentive Program

 

[Gizmo17]

So do we have any idea how much Phase 2 is worth?

 

[spokey]

It was my understanding that the rebate was the same 5K. The difference was that it was taken off the invoice by the dealer instead of you applying for it.

 

[Gizmo17]

It was my understanding that the rebate was the same 5K. The difference was that it was taken off the invoice by the dealer instead of you applying for it.

Thanks for the reply. Hope that’s the case, I wasn’t able to find that on any of the Press releases.

 

[spokey]

See the first full paragraph on page 2. Of course the gov might renege. I watch his news conferences and nary a one goes by without him whining about getting federal money. But maybe that will come with the new administration.

https://www.state.nj.us/bpu/pdf/Press_Release_EV_Website_527.pdf

 

[drotto25]

It's NJ, Murphy will claim (and he is correct to a point), that the state is broke and has decreased funds due the pandemic and the program will need to be temporarily suspended.

 

[spokey]

Maybe. But the murph is pretty heavy to 'progressive' policies. I think there is a chance that something will continue.

Besides NJ is always broke. Hasn't stopped any gov in past (certainly not in this century and even before) from spending money we don't have.

 

[hakunamattata]

Maybe. But the murph is pretty heavy to 'progressive' policies. I think there is a chance that something will continue.

Besides NJ is always broke. Hasn't stopped any gov in past (certainly not in this century and even before) from spending money we don't have.

True NJ is always broke, our taxes will be raised in the end whichever way you look at it.

 

[Diggerman]

Does someone know when will phase 2 actually start? (Just mentioning Summer is very vague).

 

[hakunamattata]

No one knows, most likely it will be inline with NJ fiscal year 2022 which in a normal year starts in July however in 2020 it was moved to start October 2020 due to the pandemic

 

[Reborn]

Does someone know when will phase 2 actually start? (Just mentioning Summer is very vague).

It literally says summer on the site. No one here will give you a better answer.

 

[Balthezor]

So they are not accepting applications at this point?

 

[GrandEnigma]

So they are not accepting applications at this point?

For the post purchase rebate, yes. They apparently hit their FY21 funding by the end of this year. Looks like they greatly underestimated the popularity of the program which is great to hear. Hopefully they are able to bring it back at some point next year.

 

[hakunamattata]

So they are not accepting applications at this point?

Just to be clear for Phase 1 if you ordered the car on or before Dec 15,2020 and took delivery of the car shortly thereafter then you can apply as the portal will be open until March 15,2021. This is all based on projections of funds the program administrator has performed. Having said that there are no guarantees until your application is approved as they can run out of funds sooner.

If you have not ordered the car yet then you will have to wait until Summer of 2021 for Phase 2 to be implemented

 

[spokey]

For the post purchase rebate, yes. They apparently hit their FY21 funding by the end of this year. Looks like they greatly underestimated the popularity of the program which is great to hear. Hopefully they are able to bring it back at some point next year.

That might be confusing to @Bathezor. (as in "Yes" to @Bathezor saying "not accepting"). If you purchased by Dec 15 then you have until March 15 to get the application in. But if you purchased say today, you are out of luck.

Home | Charge Up New Jersey

I'm betting that they miscalculated how much they would pay out per vehicle as well as ;how many vehicles would qualify for some rebate. Back when this developed, most EVs would not qualify for $5,000. Tesla was kind of the exception. But now there are more that qualify for the $5,000 plus lots of vehicles that qualify for at least some rebate.
Eligible Vehicles | Charge Up New Jersey

 

[DanDi58]

Really bummed about this, was going to use the $5k to pay for half of FSD post-purchase. However, I'm not waiting until the summer to buy my car. Still on track to order in January, new console/headlights or not....

 

[Balthezor]

That might be confusing to @Bathezor. (as in "Yes" to @Bathezor saying "not accepting"). If you purchased by Dec 15 then you have until March 15 to get the application in. But if you purchased say today, you are out of luck.

Home | Charge Up New Jersey

I'm betting that they miscalculated how much they would pay out per vehicle as well as ;how many vehicles would qualify for some rebate. Back when this developed, most EVs would not qualify for $5,000. Tesla was kind of the exception. But now there are more that qualify for the $5,000 plus lots of vehicles that qualify for at least some rebate.
Eligible Vehicles | Charge Up New Jersey

No no, I'm good. Got mine back in November. Just glad I submitted it on time.