In a recent study conducted by Auto Insurance EZ, Massachusetts was found to be the second-best state to own an electric car. Massachusetts offers a comprehensive array of both incentives and benefits to the electric vehicle industry.
Massachusetts offers 13 state incentives as well as 6 utility and private EV incentives offered. There also is a federal tax credit on EVs of up to $7,500. The most popular current incentive program is the MOR-EV Rebate Program.
The MOR-EV Program was expired on September 30th, 2019, but was reopened on January 1, 2020. The MOR-EV Program offers a $2,500 rebate to qualifying battery electric vehicles (BEVs) and fuel cell electric vehicles. (FCEVs) with a $50,000 final purchase price. The program also offers a $1,500 rebate on plug-in hybrid electric vehicles (PHEVS) with a range of 25 miles or greater with a final purchase price of up to $50,000. Rebates aren’t available for purchases made before January 1, 2020.
I’ve attached some links below if you would like to explore the incentives in Massachusetts some more.
Boston has plans set in place to be a net-zero, neutral carbon emission city by 2050. In 2018, EV adoption in Boston and neighboring municipalities represented 2.8% of new vehicle registrations whereas new vehicle registrations statewide represented 2.5%. In mid-2019, there were estimated to be more than 2,000 EV's registered in the city. There is a lot of ground that needs to be covered between now and 2050 to ensure neutral carbon emissions. So, the city of Boston has laid out three main goals they hope to achieve moving forward. Check out the photo below.
Massachusetts is setting a great example for the future with EV's. It's not going to be an easy feat, but it will be worth it.
We are very excited to be able to combine the convenience of online shopping with the importance of energy and water efficiency. Customers can have a personalized shopping experience and know they are purchasing high-end products that will help them save energy and water.Steve Z. General Manager
We had just moved to our new home and really needed to shore up the heating system, figure out how we could afford new windows (they were original), and find out why our heat never stayed in the house. We worked with MassSave and EFI to assess our home, qualify for, and fulfill a heat loan. We were up and running with a new heating system, with a zero interest heat loan in about a week! This couldn't have been easier, and, to be honest, more needed. Thank you EFI and MassSave!Ryan D, Mass Save Marketplace Customer
We’re excited to partner with EFI! Using our existing programs, customers have saved millions of dollars in energy costs over the years. The PPL Marketplace certainly will add to those savings.Mary Ann M. Manager of PPL’s residential EE programs
We worked with EFI to create a product marketplace to offer our customer base an easy to use shopping portal. Our goal this year was to move 500K bulbs across all of our jurisdictions, and the EFI's marketplace and marketing expertise ensured that that number was hit by Q3. These guys know what they are doing, its just that simple.Ron S. Manager – Planning and Evaluation
I am always very happy with your service. I am proud that you want to help us save energy - I bought a ton of light bulbs. Thank you for being one of the few services I use that I can feel good about!Tracey Kitchens - Marketplace Customer
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