GEORGIA WEIGHS EV INCENTIVES

Ga. lawmakers consider changes to electric car tax credits

February 7, 2015 (AP via The Moultrie Observer)

“Georgia’s generous $5,000 tax credit for electric vehicles is the target of three separate bills in the state House, including one lawmaker trying to end the write-off altogether…Two other bills would lower the credit over time and expand the type of vehicles eligible in the meantime — including the plug-in hybrid Chevy Volt or Toyota’s line of hybrid cars and SUVs…The debate in Georgia comes as other states mull credits as a way to boost sales of alternative fuel vehicles with a higher sticker price than traditional cars. The U.S. Energy Department is in the midst of a campaign to make electric vehicles more affordable in the next ten years, with consumer rebates high on the list of strategies…Each bill before Georgia lawmakers would make significant changes to the write-offs that have been credited with lifting the state to No. 2 in electric vehicle sales, trailing only California…The amount of low or zero-emission vehicle credits paid out by the state exploded from about $310,000 in 2011 to about $15.4 million in 2013…Electric vehicles are particularly popular in metro Atlanta, where electric vehicle owners can use highway lanes off-limits to solo drivers in a traditional car and a Nissan dealerships runs regular radio ads claiming best in the nation sales of the plug-in Leaf…” click here for more

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