NY Offers Rebates for More Than 60 New Electric Vehicles

Governor Kathy Hochul this week announced $30 million is now available for consumers to lease or purchase new electric vehicles (EVs) in New York through the State’s Drive Clean Rebate program, which provides point-of-sale rebates for more than 60 new EVs. In addition, incentives for EV chargers through the Charge Ready NY 2.0 program have been updated to expand consumer access to convenient, easy charging at multifamily buildings and workplaces, including hotels. Today’s announcement helps to make driving electric more affordable, increases the number of chargers available, and reduces pollution from the transportation sector in New York State.

“New York’s leadership in driving the adoption of electric vehicles is helping consumers stay within their budget when purchasing or leasing a new electric car,” Governor Hochul said. “Along with increased savings, we are building out the infrastructure needed to provide hard-working New Yorkers convenient access to charging, helping to reduce range anxiety and make it easier to drive electric. These investments are key to building a cleaner future, lowering emissions and creating good-paying jobs.”

The Drive Clean Rebate Program, administered by the New York State Energy Research and Development Authority (NYSERDA), offers a point-of-sale rebate up to $2,000 off the manufacturer’s suggested retail price (MSRP) of an EV at participating car dealerships in New York State. The rebate is available in all 62 counties, with higher rebates available for longer range, all-electric vehicles.

Also announced to help make EV charging more accessible to New Yorkers, NYSERDA’s Charge Ready NY 2.0 program, which helps reduce equipment installation costs for Level 2 chargers, is increasing the incentive amount available to install EV chargers at multifamily buildings and workplaces, including hotels, from $2,000 to $3,000 per port. For locations in disadvantaged communities as defined by the Climate Justice Working Group, the amount has also increased to $4,000 per port.

Additionally, $3 million is being dedicated to locations that hold educational “ride and drive” community events, purchase or lease EVs, or offer free charging. The program also accepts new equipment and network eligibility applications from EV charger vendors.

New York Department of Public Service CEO Rory M. Christian said, “Promoting electric car ownership and use is a win for consumers and a win for the environment. Congratulations to Governor Hochul for supporting the installation of charging stations and helping to ensure drivers have increased options to charge their vehicles.”

The Drive Clean Rebate program has issued over 190,000 rebates to consumers since 2017, contributing to the more than 280,000 EVs on the road statewide. In the last year alone, Charge Ready NY 2.0 has supported the installation of more than 1,000 Level 2 chargers. There are more than 17,000 public chargers installed statewide – more public chargers than any other state except for California – and more than 4,000 semi-public charging stations at workplaces and multifamily buildings across the state.