Plug-In Electric Vehicle (PEV) Rebate Program
Plug-In Electric Vehicle (PEV) Rebate Program
Country/State/Province
New Jersey
Incentive
Financial Incentive
Incentive Administrator
New Jersey Board of Public Utilities
The New Jersey Board of Public Utilities offers state residents a rebate in the amount of $25 per mile of all-electric range, up to $5,000, to purchase or lease a new PEV with an MSRP of $55,000 or less. Rebates may be limited to one award per person. PEVs must be purchased or leased after January 17, 2020. The plug-in hybrid electric vehicle rebate expires December 31, 2022, and all-electric vehicle rebates expire June 30, 2030. (Reference Senate Bill 2252, 2018)