CleanTechnica•about 2 months ago
Massachusetts Still Has EV Purchasing & Leasing Incentives
Key Takeaway
Ongoing state-level EV incentives in key markets like Massachusetts ensure continued growth in electricity demand from transportation, necessitating grid modernization and new generation capacity.
AI Summary
- •Massachusetts continues to offer significant EV purchase and lease incentives ($3,500 for new and used EVs), signaling ongoing state support for electrification.
- •Sustained EV incentives in progressive states like MA, CA, CO, and NJ indicate a growing and predictable electricity demand segment for developers and IPPs.
- •Increased EV adoption driven by these incentives will contribute to rising load growth, particularly for residential and commercial charging infrastructure, impacting grid planning, potential for demand-side management, and new generation needs.
Topics
emissionspolicystoragetransmission
Article Content
California, Colorado, and New Jersey still have EV purchasing incentives. Because Massachusetts is one of the more progressive states, it’s not surprising incentives are available there too. The MOR-EV Standard rebate for eligible new EVs is $3,500; the same amount is available for eligible used EVs. The used rebate is ... [continued] The post Massachusetts Still Has EV Purchasing & Leasing Incentives appeared first on CleanTechnica .