The Texas Fee on Environmental High quality (TCEQ) has opened functions for its Gentle-Obligation Motor Car Buy or Lease Incentive Program (LDPLIP).
This system goals to encourage the adoption of automobiles powered by different fuels or electrical energy to enhance air high quality within the state. This system is a part of the Texas Emissions Discount Plan (TERP).
Beneath the LDPLIP, eligible grant quantities for the acquisition or lease of recent light-duty automobiles powered by hydrogen gasoline cells or electrical drives, together with plug-ins and plug-in hybrids, have been specified.
For a purchase order or a lease time period of three years or longer, the grant quantity is $2,500. For a lease time period between two and three years, the grant is $1,665, and for a lease time period between one and two years, the grant is $832.50.
BREAKING! 🚨 Teslas now included within the Texas $2,500 rebate program. @elonmusk Grants for Different Gas Autos and Conversion Techniques – Texas Fee on Environmental High quality – https://t.co/qS63yJmtai @SawyerMerritt https://t.co/yxGWWt9tzN
— Anuarbek Imanbaev (@anuarbekiman) October 23, 2023
The applying interval for this system opened on October 23, 2023, and can run till March 22, 2024. TCEQ has said that it could droop acceptance of functions if the statutory restrict for every gasoline sort is reached.
The fee plans to award not more than 1,000 grants for automobiles powered by compressed pure fuel (CNG) and liquefied petroleum fuel (LPG), and solely 2,000 grants for automobiles powered by hydrogen gasoline cells or different electrical drives. That’s a low variety of grants for EVs, however nonetheless it’s obtainable.
A number of Tesla fashions are eligible for this system, together with the 2023 variations of the Mannequin 3, Mannequin Y, and Mannequin S.
Particularly, the Tesla Mannequin 3 RWD, Mannequin Y RWD, Mannequin 3 Lengthy Vary AWD, Mannequin 3 Efficiency AWD, Mannequin Y AWD, Mannequin Y Lengthy Vary AWD, Mannequin Y Efficiency, and Mannequin S are all listed as eligible electrical drive plug-in automobiles.
The LDPLIP is a part of Texas’ broader efforts to scale back emissions and enhance air high quality, and it gives a monetary incentive for shoppers to change to automobiles which can be much less dangerous to the atmosphere.