Drive Clean Rebate: New York PHEV Tax Incentive

2022 Ford F-150 Lightning Charging FORD

Electric vehicles have a long list of advantages from lower fuel costs and less maintenance to a unique driving experience. But if you are a New York State resident and you buy or lease a brand new plug-in hybrid or battery-powered car, you can earn the Drive Clean Rebate of up to $2,000! Along with this rebate offered by the Charge NY Initiative, you may also be eligible for the Federal Tax Credit of up to $7,500. So when you step into a new plug-in hybrid model near Troy, you’re saving upfront and in the long run! Learn more about this New York PHEV tax incentive as well as other private incentives below.

 

 

How to Redeem the Drive Clean Rebate?

Redeeming this rebate in the Albany area is about the same as any other time when you shop for a vehicle except you will need to make sure that you’re choosing an eligible model from a participating dealer in the state. See the steps below on how to enjoy this New York PHEV tax incentive:

  1. Search for an eligible plug-in hybrid or battery-powered car that you want. There are over 60 eligible models, including the new Ford Escape Plug-In Hybrid, Ford Fusion Energi, and Ford Mustang Mach-E. All of these Ford models can earn up to a rebate of $500 and you can find them at Ford of Latham.
  2. Find a local participating dealer to test drive the model. If you’re located near Latham or you want to work with a trusted, dedicated dealership for your Ford purchase, then you’ll want to go to Ford of Latham!
  3. Finalize your lease or purchase of a new car and earn a discount of up to $2,000. The discount will be applied when you pay.

Private New York State Electric Vehicle Tax Incentives

Besides the Drive Clean Rebate and the Federal EV Tax Credit, there are also New York State incentives from private organizations. Take a look at some that are available for residents in Schenectady and nearby areas:

Plug-In Electric Vehicle (PEV) Charging Rate Incentive – Orange & Rockland Utilities (O&R)

If you are an eligible residential customer that owns or leases a PEV, you can receive up to $450 by participating in the Charge Smart Program.

Plug-In Electric Vehicle (PEV) Time-Of-Use (TOU) Rate

The following companies provide a TOU rate for residential customers that own or lease an eligible PEV:

Smart Charging and Time-of-Use Incentives – Con Edison

Eligible customers with a plug-in electric vehicle can receive $150 by joining the SmartCharge New York Program. You may earn up to $800 in incentives annually by installing a connected car device provided by Con Edison that tracks driving and charging habits, and by charging during off-peak hours.

Discover the New Ford Electric Models at Ford of Latham Today!

Whether you’re considering a brand new Ford Escape Plug-In Hybrid or a Ford Mustang Mach-E in New York, shop for your favorite trim at Ford of Latham and earn the Drive Clean Rebate! Contact us if you have any questions about these New York electric vehicle tax incentives or about our current selection, and we would love to help you enjoy as many incentives as possible in your upcoming purchase or lease.

 

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702 Troy Schenectady Road, Latham, NY, 12110
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