Plug-In Incentive
Tuesday, July 22nd, 2008When plug-in hybrids become commercially available (in 2010, if Toyota and General Motors can be believed), there will, in all likelihood, be a tax credit ready and waiting for early adopters. This is great news for the new technology, and a good sign that the government can still make the right moves when it comes to promoting alternative energy vehicles.
There are actually two bills in the House of Representatives that could, if passed by the house and Senate, and signed into law by the President, provide up to $5,000 per vehicle in tax credits. That’s still not enough to cover the incremental costs of a plug-in hybrid, but it’s a start. Obviously, for plug-in hybrids to succeed, more incentives may be needed, as well as a whole lot of energy-conscious consumers who are
willing to pay a premium for a car that may only need to visit the gas station three or four times a year.
What about you? What would you pay, either as a private consumer or as a fleet manager, for a plug-in hybrid?
