The Tennessee Department of Environment and Conservation's Office of Energy Programs today announced it will offer rebates on qualifying electric vehicles that are purchased or leased and registered in the State of Tennessee.
“Electric vehicles are a great alternative for Tennesseans looking to do their part in protecting the air we breathe,” TDEC Commissioner Bob Martineau said. “This rebate program is a way to assist consumers making environmentally conscious transportation decisions.”
Electric vehicle dealerships will be responsible for providing the rebate to consumers after the funds are received from the State.
Tennessee will rebate $2,500 on zero-emission battery electric vehicles and $1,500 on plug-in hybrid electric vehicles sold or leased (with a three-year minimum lease term) by a Tennessee dealership to Tennessee residents, after a claim is filed by the dealership.
The state defines battery electric vehicles as fully electric, zero-emission vehicles that have an on-board electrical energy storage device that can be recharged from an external source of electricity.
Plug-in hybrid electric vehicles have zero-emission vehicle range capability and an onboard electrical energy storage device that can be recharged from an external source of electricity. In general, plug-in hybrid electric vehicles can be driven using electricity, gasoline or both.
There is currently $682,500 available for this second version of the electric vehicle rebate program.
The rebate program will go into effect for vehicle purchases or leases made after June 15, 2015.
Rebates will be dispersed on a first-come, first-served basis, and the program will remain active until funds are exhausted.
The following vehicles are eligible to qualify for a rebate:
Battery electric vehicles (BEV) $2,500 Rebate
BMW i3 or i3 Rex
Chevrolet Spark EV
Ford Focus Electric
Honda Fit EV
Mercedes-Benz B-Class Electric Drive
smartED and Electric Fortwo
Tesla Model S
Toyota RAV4 EV
Plug-in hybrid electric vehicles (PHEV) $1,500 Rebate