New York just announced tax credit for EV !

[cfsaxNY]

$2000 per vehicle. Thank You Governor Cuomo!

 

[gimmi80]

do you have a link to press release or official confirmation
?

 

[cfsaxNY]

New York Gets $2,000 Electric Vehicle Rebate in Final Budget

 

[gimmi80]

Thanks. Great news!

 

[Enadler]

Looks like we won't have details on the implementation for awhile. The article is not clear as to whether it will effect 2016.

With that said it looks like I will be getting a $9500 rebate on my Model 3 in 2018!

 

[Snow Drift]

http://legislation.nysenate.gov/pdf/bills/2015/S6408C

PART AA
21
22 1. Definitions. For purposes of this act, the following terms shall
23 have the following meanings:
24 a. "Authority" shall mean the New York state energy research and
25 development authority.

1. 26 b. "Eligible vehicle" means and includes a new motor vehicle that:
2. 27 (i) has four wheels;
3. 28 (ii) was manufactured for use primarily on public streets, roads and

29 highways;
30 (iii) the powertrain of which has not been modified from the original
31 manufacturer's specifications;
32 (iv) is rated at not more than eight thousand five hundred pounds
33 gross vehicle weight;
34 (v) has a maximum speed capability of at least fifty-five miles per
35 hour; and
36 (vi) is propelled at least in part by an electric motor and associated
37 power electronics which provide acceleration torque to the drive wheels
38 sometime during normal vehicle operation, and that draws electricity
39 from a hydrogen fuel cell or from a battery that:

1. 40 (A) has a capacity of not less than four kilowatt hours; and
2. 41 (B) is capable of being recharged from an external source of electric-

42 ity.
43 2. No later than one year after the effective date of this act, the
44 authority shall develop a program to encourage the deployment of zero
45 emissions vehicles and electric vehicles.
46 3. The program created pursuant to this act shall include rebates for
47 eligible purchases, provided that a rebate for an eligible purchase
48 shall not exceed two thousand dollars.
49 4. Within one year of the effective date of this act, the authority
50 shall implement and administer this act including rules relating to the
51 forms required to claim a rebate, the required documentation for estab-
52 lishing eligibility for a rebate, procedures and guidelines for claiming
53 a rebate, and the collection of economic impact data from applicants and
54 any other requirements the authority deems necessary.

1 The authority shall determine and publish on its website on an ongoing
2 basis the amount of available funding for rebates remaining in each
3 fiscal year.
4 5. No later than April 1, 2018 and annually thereafter, the authority
5 shall issue a report to the temporary president of the senate, the
6 speaker of the assembly, the chair of the senate committee on energy and
7 telecommunications and the chair of the assembly committee on energy
8 detailing the status of its program to encourage the deployment of zero
9 emissions vehicles and electric vehicles. Such report shall include:
10 a. the amount of funding dedicated by the authority for the program in
11 the preceding year;

1. 12 b. the amount of eligible purchases for which a rebate was awarded;
2. 13 c. the amount and geographic distribution of rebates; and
3. 14 d. any other information the authority deems necessary.
4. 15 S 2. This act shall take effect immediately.

Looks pretty good and will last beyond 2017.

 

[gimmi80]

What are the chances this incentive will be retroactive for whom purchased an EV in 2015?

 

[Enadler]

What are the chances this incentive will be retroactive for whom purchased an EV in 2015?

Unfortunately I think we are SOL!

 

[Snow Drift]

What are the chances this incentive will be retroactive for whom purchased an EV in 2015?

Time to buy the refreshed MS.

 

[xrayangiodoc]

Too bad it's not retroactive but I don't regret the pleasure of ownership of my Model S for the past 2 years.

 

[Chopr147]

Bumping for refresh New Yorkers I keep reading "up to $2000" but I can't find what "up to" means. I don't see any limits per salary, price etc..........I have checked many different reports so far but.......................................

 

[CraZ8]

When does this go into effect?

 

[Rove]

I read they have to 12 months to implement from the time this was first announced.

 

[Chopr147]

I Believe it is already in effect. it was already voted on and passed in April by the legislature

 

[Rove]

I Believe it is already in effect. it was already voted on and passed in April by the legislature

According to his article it states they have 12 months. Not sure. I called 311 for info and they had no clue about this rebate.

 

[Chopr147]

I ahve Googled and read several references to this credit. Looks like you are right. The vote was March 31,2016 and passed.


New York legislators will vote on the annual budget that, this year, includes a new electric vehicle rebate program that will allow consumers who purchase or lease the vehicles at a discount of up to $2,000.

The budget agreement stipulates that the program must be in effect within the next 12 months.

This explains why I cannot find the tax form for it

 

[Rove]

Forgot to add the link

New York Electric Vehicle Rebate Will Knock $2,000 off MSRP

 

[Snow Drift]

Can anyone find an update?

 

[gimmi80]

Still no update on this...?
any news on when it's going to be in effect?

 

[CraZ8]

I will be interested in this but apparently I have to wait 30 months after utilizing the federal tax credit initially before I can update to a new car. 12 more months to go. Who knows what surprises await? I Will be upgrading then to a new nose, lights, 100 kw battery, ventilated seats, full glass roof, auto pilot 2.0 and rear cup holders. Not to mention any software revisions. Isn't progress grand?