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CLEAN TRANSPORTATION REBATE APPLICATION VENDOR - yukon ca

CLEAN TRANSPORTATION REBATE APPLICATION VENDOR - yukon ca 2025

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The 2020-2021 Good Energy Program offers rebates for the purchase of new zero emission vehicles, electric motorcycles, and bicycles in Yukon. Eligible applicants can receive financial incentives based on vehicle type and specifications, with a structured application process that includes documentation submission. The program aims to promote clean transportation by providing rebates for qualifying purchases made after November 14, 2019, and is effective until March 31, 2021.

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What is the federal rebate for EV purchase?

You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.

What is the electric vehicle rebate for the Yukon?

Rebate amount $5,000 for a new vehicle operated by: battery-electric motor; hydrogen fuel cell motor; or. plug-in hybrid electric motor with an all-electric range of 50 kilometres or greater.

How to qualify for the full $7500 federal electric vehicle tax credit?

Vehicles that meet the critical mineral requirements are eligible for a $3,750 tax credit, and vehicles that meet the battery component requirements are eligible for a $3,750 tax credit. Vehicles meeting both the critical mineral and the battery component requirements are eligible for a total tax credit of $7,500.

What is the GM electric vehicle rebate?

Individuals, businesses and tax-exempt organizations that purchase a qualifying electric vehicle may qualify for a federal Clean Vehicle or Commercial Clean Vehicle income tax credit of up to $7,500 * for vehicles placed in service in a trade or business during 2024.

Do I get a tax break for buying an electric vehicle?

Tax credits up to $7,500 are available for eligible new electric vehicles and up to $4,000 for eligible used electric vehicles. You can work with your dealership to process the vehicle tax credit. Tax credits are available for home chargers and associated energy storage, each up to $1,000.