Hawaii utilities, Nissan pair up for $10,000 EV rebates

Hawaii utilities, Nissan pair up for $10,000 EV rebates

A few Hawaii electric utilities looking to foster electric vehicle adoption have offered rebates as high as $10,000, making a significant dent in the new purchase price, particularly when paired with other incentives. In Hawaii, both Kauaʻi Island Utility Cooperative and Hawaiian Electric Co . are offering rebates for a new Nissan Leaf, with the offer running through March. Kansas City Power & Light offered a similar deal last year with Nissan, but its incentive expired earlier this month. According to Fortune, the deal made a new Leaf available for less than $12,000 last year. Dive Insight: As battery prices decline and utilities see electric vehicles as an opportunity, more are offering hefty rebates to get consumers behind the wheel. Combined with federal incentives, a $10,000 rebate and in some areas free charging, the affordability could entice more customers. Kauaʻi ...

Full article: http://www.sustainablecitiescollective.com/utility-dive/1...

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