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Funding for the Bay State’s electric vehicle rebate program was boosted by $2 million from the Baker-Polito administration to continue funding rebates, according to the Massachusetts Clean Energy Center.
The $2 million will go towards the Department of Energy Resources’ (DOER) electric vehicle rebate program. These rebates have proven important to car buyers, according to a statement from Gov. Charlie Baker, encouraging them to make the purchase of electric and hybrid vehicles.
Since June 2014, the Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) program has issued nearly $3.8 million for 1,606 vehicles, cutting the state’s greenhouse gas emissions output by an estimated 4,554 tons annually. MOR-EV provides rebates ranging from $750 to $2,500 based on vehicle category and battery capacity.
According to the Center for Sustainable Energy (CSE), the MOR-EV program administrator, about 65 percent of MOR-EV rebates were for purchase or lease of battery electric vehicles, while the remaining were for plug-in hybrid electric vehicles. Nearly three-quarters of recent MOR-EV recipients who participated in a survey indicated the MOR-EV rebate was an important factor in their decision to buy an electric vehicle.
This funding is financed by Regional Greenhouse Gas Initiative (RGGI) auction proceeds, and aims to help reduce reliance on foreign oil and meet Massachusetts’ goals under the Global Warming Solutions Act (GWSA) to reduce greenhouse gas emissions in the transportation sector 7.6 percent by 2020.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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