Since its inception in February 2023, the Pre-Owned Electric Vehicle Rebate Program by Pacific Gas and Electric Company (PG&E) has disbursed 94 rebates totaling $172,000 in Solano County.
According to PG&E officials, this initiative offers income-qualified customers the opportunity to receive up to $4,000 upon purchasing or leasing a used electric vehicle (EV).
As of the one-year mark, over 3,300 rebate payments have been distributed.
PG&E Extends Electric Vehicle Funding to 2024
Furthermore, officials have disclosed that an additional $70 million in funding remains accessible to assist income-qualified customers in transitioning to EVs.
This funding is anticipated to be available until 2024, with PG&E expressing intentions to extend the program for additional years.
Utility officials have highlighted the growing adoption of EVs in PG&E’s service area, which encompasses nearly 600,000 EVs, constituting approximately one in seven EVs nationwide.
PG&E remains committed to expanding its suite of programs aimed at providing incentives for EV charging equipment and facilitating favorable EV electric rates.
The overarching goal is to simplify and make EV ownership affordable for all customers.
Utility’s Supplementary EV Initiatives
Furthermore, alongside the Pre-Owned EV Rebate Program, the utility presents additional initiatives:
- The Residential Charging Solutions program, tailored for income-qualified customers, offers a $700 post-purchase rebate on approved Level 2 residential charging equipment. This equipment is capable of utilizing existing 240-volt outlets, thereby eliminating the necessity for expensive electrical upgrades.
- The Empower EV program extends incentives of up to $2,500 to income-eligible customers, aimed at assisting in the installation costs of EV-charging equipment at their single-family residences. Under this program, PG&E offers a complimentary Level 2 charger valued at $500 to eligible customers, alongside covering up to $2,000 per eligible household for panel upgrades carried out by the program’s approved electrician. Eligible participants are encouraged to enroll in the program before its closure at the conclusion of 2024.
- The Multifamily Housing and Small Business EV Charger Program facilitates the installation of Level 1 and Level 2 EV chargers at multifamily housing units, nonprofit organizations, and small businesses in designated communities. For eligible customers, these charging units are installed at no expense to property owners, with the program additionally covering two years of networking and software fees.
