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Texas $2,500 Rebate for EV/CNG/LPG Vehicles


TX NRG
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For Energi buyers in Texas...

 

Note: Only purchases/leases made on or after May 13, 2014 are eligible to apply for a Rebate grant.

 

Owners or lessees are eligible for the following incentive amounts:

 

• Purchase - $2,500

• Lease - $2,500 (4-year lease term); $1,875 (3-year to <4-year lease term); $1,250 (2-year to < 3-year lease term); and $625 (1-year to < 2-year lease term).

 

The application period will run through June 2015, until all funding is depleted or the limits on the maximum number of vehicles are reached. The maximum number of vehicles allowed is 2,000 electric drive vehicles and 2,000 CNG and propane vehicles.

 

http://www.tceq.state.tx.us/news/releases/5-14TERPGrants5-13

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TX NGR, do you know the background behind this bill?  It seems more like a shot at Tesla than a real incentive program. Max of 2,000 electric ($5 million) and max of 2,000 CNG ($5 million) with a funding cap of $7.7 million (so both of those programs can not hit the numbers). 

 

I know that 7.7 million seems like a lot of money, but according to cha cha Texas annual budget was north of $167B in 2009, and just under a million cars were sold in 2010 in Texas. (Did not spend a ton of time looking for current numbers, but I think even ballpark this seems odd.)

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From what I understand, the bill that passed modified an existing clean air related program and added this pilot with limited funding for the rebates. The funds are said to be constrained by the amount of fees collected supposedly, but more likely a much higher amount of 'handouts' would have gotten the bill voted down. Leases less than 48 months get prorated rebates, not the full $2,500 so those will reduce the average rebate per car making the overall math come closer to balancing out.

 

The bill to change the long standing dealership laws which would have enabled Tesla to sell in TX without opening a dealership did not pass during last year's session, maybe next year. The rebate bill was enacted to incentivize 'legal' TX sales only, therefore Teslas bought through an out of state agent don't meet the requirements.

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  • 3 weeks later...
  • 1 month later...

I sent the 2014 Ford Fusion Energi rebate application and information around 6/14/14 and TQEC informed me they needed to have the dealers signature on the purchase agreement, My copy did not have the dealers signature. They also required a physical address besides my P.O. Box number. I asked how many people had requested rebates on 6/1/14 and they said about 20 people.

I received the Award Notification 7/7/14 and said I could expect the check in 30 days, but might be delayed up to 90 days or longer due to high volume of applications.

Later on 7/14/14 TQEC emailed me that the finance papers must have new vehicle and not used vehicle like my finance papers. This mistake requires a letter from the dealership stating that there is an error on the papers, and explaining the error/correction. In short all paper work must be exact.

I received the $2,500 check on 7/21/14.

 

Below are some items you need to provide:

 

Completed application for Texas title & registration, which you normally need to ask for after your purchase.

 

Copy of your TX Driver’s license.

 

Completed and executed purchase/lease agreement for the vehicle with dealer’s signature & your signature, need to ask the dealer for this since you sometimes get a copy without dealers signature.

 

Your physical home address

 

Your phone number so TCEQ can call to verify you.

 

Dealers/salesman’s signature on Form 3 of the application

 

The Completed form.

 

Blue ink is required!

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  • 1 month later...

Current program status

As of September 2, 2014, we have $6,793,366 remaining for the Light-Duty Motor Vehicle Purchase or Lease Incentive Program, after taking in account applications and reservations received. 
73 grants awarded or reservations received out of 2000 CNG/LPG vehicles we could potentially fund (3%).
393 grants awarded or reservations received out of 2000 electric vehicles we could potentially fund (19%).
Statute requires us to award grants for no more than 2000 CNG/LPG vehicles and no more than 2000 electric vehicles.

With the remaining funds allocated to the program, we can fund up to 2717 vehicles at the maximum amount of $2,500 per vehicle.  
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