Gov. Inslee announces the $45 million EV rebate program on April 23. Courtesy image

Gov. Inslee announces the $45 million EV rebate program on April 23. Courtesy image

Governor announces rebate program for EV purchases

Washington is the first state to prioritize low-cost leases for electric vehicles.

On April 23 — the day after Earth Day — Gov. Jay Inslee announced a new state program that allows instant rebates for eligible Washington residents purchasing or leasing an electric vehicle (EV).

“Washington state is already a leader in EV adoption, but many more people interested in ditching the gas pump may think they can’t afford to do it,” Inslee said. “With these new rebates, we’re significantly lowering the entry point, opening the door to EVs for people of modest incomes as we continue paving the way to a clean transportation future for all.”

Opening in August 2024, the $45 million state program will allow eligible Washington residents who annually earn up to $45,180 for a single person, or $93,600 for a family of four, to receive up to $5,000 for a new EV purchase or two-year lease, or up to $9,000 for a three-year lease on a new EV.

Used EVs are also included in the program, with eligibility of $2,500 for purchases and leases.

According to the state Department of Commerce, the department is making new EVs more affordable by leveraging the federal credit to make leasing EVs as low as $56 a month for certain models.

According to the Department of Commerce, Washington is the first state to prioritize low-cost leases as part of an EV incentive program and that the department has invested $100 million in EV infrastructure in the state through funding from the Climate Commitment Act. Funding will continue through June 2025, or until all funds are used.

“Transportation is the biggest contributor to greenhouse gas emissions and harmful air pollution,” said Washington State Department of Commerce Director Mike Fong. “It is important that people who live in our most-impacted communities, which tend to be urban and lower income, have access to cleaner transportation options, including the choice of EV ownership. These rebates can help many more people all across the state buy or lease an EV.”

In the same week, King County Executive Dow Constantine announced a $6 million grant from the Department of Commerce, allowing the expansion of access to over 400 new EV charging ports throughout the county.

For more information, visit commerce.wa.gov/growing-the-economy/energy/electric-vehicles/ev-instant-rebate-program.

How to get an EV rebate in August

The program is a collaboration with automakers and dealers. For anyone interested in leasing or buying a new or used EV, they need to go to a dealer to learn more about the low-cost lease offers that are available. A signed attestation will be given to the dealer, showing that the potential buyer meets income and credit report requirements for a lease deal on offer.

With the attestation, the dealer will deduct the applicable rebate amount from the cost of the lease before applying dealer, state and local fees for the total lease amount.

Due to Washington’s zero-emission vehicles exemption of up to $15,000 in lease payments, there will be no state sales tax.


Talk to us

Please share your story tips by emailing editor@kentnews.us.

To share your opinion for publication, submit a letter through our website https://kentnews.us/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 300 words or less.

More in News

t
Valley SWAT takes Kent woman, 23, into custody after shooting

Woman barricaded herself in home after reportedly shooting, injuring another woman

t
Kent School District labor groups want resignations of leaders

Call for Superintendent Israel Vela and Board President Meghin Margel to quit

t
Kent School District announces employees of the year for 2023-2024

Top teacher, principal, bus driver, coach, paraeducator, custodian and more

t
Medical examiner identifies second victim in fiery Kent car crash

Troy Thorp, 61, died in May 11 single-vehicle crash along South 272nd Street on West Hill

t
Kent man, 52, receives reduced sentence in Seattle fatal shooting

Pleads guilty to lesser charge of manslaughter after video of 2020 shooting indicates self-defense

t
Kent Police use drone, K-9 unit to capture assault suspect

Man had fled after fight with security guard at apartment complex along SE Kent-Kangley Road

Jail bars. File photo
Renton man convicted in 2018 Des Moines homicide

Jurors found 28-year-old Yourhighness Jeramiah Bolar of Renton guilty of two felony charges.

t
One of two victims identified in fiery Kent crash

Kristen Anne Meyers, 53, died in May 11 crash on West Hill, according to medical examiner

t
City-owned ShoWare Center in Kent loses $742,675 in 2023

Losses lower than projected but expenses continue to exceed revenue at 6,200-seat arena

t
Kent firefighters extinguish two fires on the same morning | Photos

Friday, May 17 at apartment leasing office in the Valley and at a vacant East Hill house

Courtesy Photo, City of Kent
City of Kent population drops by 1,051 in 2023 compared to 2022

Decline similar to many cities of 50,000 or more across the nation, according to U.S. Census Bureau

t
Kent Police Blotter: April 25 to May 8

Incidents include burglaries, robberies, shootings