Are you considering purchasing a Battery Electric Vehicle (BEV), Plug-in Hybrid Vehicle (PHEV), or an electric bicycle (e-bike)? If so, you’re in luck! The Electrify Nova Scotia Provincial Rebate Program, in collaboration with the Government of Canada’s iZEV Program, offers enticing rebates for eligible vehicles and e-bikes.
In this comprehensive guide, we’ll delve into the details of this program, including eligibility criteria, rebate amounts, and the application process, empowering you to make an informed decision and maximize your savings.
Nova Scotia EV Rebate Eligible Electric Vehicles
Eligible Vehicles
To qualify for rebates under the Electrify Nova Scotia Program, your vehicle must meet the same criteria as the federal iZEV incentive program. These vehicles encompass:
| Vehicle Type | Price Range | Rebate Amount for New Vehicle |
|---|---|---|
| BEV | $55,000 – $70,000 | $3000 |
| PHEV, long-range | $55,000 – $65,000 | $2000 |
| $60,000 – $70,000 | $3000 | |
| PHEV, short-range | $60,000 – $70,000 | $2000 |
Nova Scotia EV Rebate for New Vehicles
- BEV (Battery Electric Vehicle):
- Passenger cars with an MSRP (Manufacturer’s Suggested Retail Price) of less than $55,000 for the base model, up to a maximum of $65,000 for higher-priced trims, are eligible for a generous rebate of $3,000.
- The same rebate applies to station wagons, pickup trucks, SUVs, minivans, vans, and special purpose vehicles with an MSRP of less than $60,000 for the base model, or up to $70,000 for higher-priced trims.
- PHEV (Plug-in Hybrid Vehicle), Long-Range:
- For passenger cars, the MSRP should be less than $55,000 for the base model, up to a maximum of $65,000 for higher-priced trims, to qualify for a $3,000 rebate.
- Station wagons, pickup trucks, SUVs, minivans, vans, and special purpose vehicles with an MSRP of less than $60,000 for the base model, or up to $70,000 for higher-priced trims, can also enjoy this rebate.
- PHEV (Plug-in Hybrid Vehicle), Short-Range:
- If you opt for a short-range PHEV, passenger cars with an MSRP of less than $55,000 for the base model, or up to $65,000 for higher-priced trims, are eligible for a rebate of $2,000.
- Similarly, station wagons, pickup trucks, SUVs, minivans, vans, and special purpose vehicles with an MSRP of less than $60,000 for the base model, or up to $70,000 for higher-priced trims, can avail of this $2,000 rebate.
Nova Scotia EV Rebate for Used Vehicles
| Vehicle Type | Price Range | Rebate Amount for Used Vehicle |
|---|---|---|
| BEV | $10,000 – $55,000 | $2000 |
| $10,000 – $40,000 | $1000 | |
| PHEV, long-range | $10,000 – $40,000 | $1000 |
| PHEV, short-range | $10,000 – $40,000 | $1000 |
Nova Scotia EV Rebate E-bike Eligibility
E-bikes that retail for $1,200 or more are eligible for a $500 rebate if they meet the following criteria:
- The e-bike must retail for at least $1,200, inclusive of sales and discounts but exclusive of taxes and delivery fees, and must not exceed $10,000.
- The electric motor must be 500 watts or less and capable of propelling the cycle no faster than 32 km/h on level ground without pedaling.
- The motor must disengage when the operator stops pedaling, releases the accelerator, or applies a brake. Gas- or diesel-powered motors are not eligible.
- The e-bike must be capable of being propelled by muscular power using the pedals, but constant pedaling is not required.
- The vehicle must meet any other conditions specified in the Motor Vehicle Act and regulations.
Furthermore, the e-bike must be purchased new from a retailer with a physical storefront in Nova Scotia, excluding e-bikes ordered directly from e-bike makers.
Claim Your Provincial Electrify Rebate
E-bike Rebates
For e-bike purchases from retailers that do not offer an instant rebate option, a retroactive application process is in place. Applications must be submitted within 30 days of purchase on a first-come, first-served basis.
What is an Electric Vehicle?
Electric vehicles (EVs) represent a revolutionary shift in the automotive industry, relying on electricity rather than gasoline to power their engines. They can be recharged by plugging into an external source of electricity, offering a cleaner and more sustainable mode of transportation. There are two primary types of EVs:
- Battery Electric Vehicles (BEVs): These vehicles exclusively rely on an electric motor and do not have an internal combustion engine.
- Plug-in Hybrid Electric Vehicles (PHEVs): PHEVs feature both an electric motor and an internal combustion engine, offering the flexibility of using either electric power or gasoline.
It’s important to note that hybrid vehicles that do not plug in, such as the Toyota Prius, do not qualify as electric vehicles for rebate eligibility purposes. However, plug-in hybrid electric vehicles, like the Toyota Prius Prime, are eligible for rebates.
Long-Range vs. Short-Range PHEVs
As of April 25, 2022, the federal iZEV program introduced a new classification for PHEVs based on their electric range in kilometers (km). PHEVs with an electric range of 50 km or more are considered “long-range,” while those with a range under 50 km fall under the category of “short-range.”
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- Ontario EV Rebate: Here’s What You Need to Know
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- Understanding the Quebec EV Rebate Program
- 2024 Chevrolet Equinox EV Canada Price, Trims & Specs
Nova Scotia EV Rebate for Leased Electric Vehicles
If you choose to lease an eligible vehicle for a minimum of one year, you are still eligible for the rebate, with the amount prorated based on the length of the lease. For example, a 48-month lease qualifies for the full rebate amount, while a 24-month lease receives half of the rebate.
Length of Lease
- BEVs and Long-Range PHEVs
- 48 months: $3,000
- 36 months: $2,250
- 24 months: $1,500
- 12 months: $750
- Short-Range PHEVs
- 48 months: $2,000
- 36 months: $1,500
- 24 months: $1,000
- 12 months: $500
It’s essential to note that lessors are required to retain the vehicle for a minimum of 12 months to avoid repaying a prorated portion of the rebate.
Demonstrator Vehicles
Eligible BEVs and PHEVs that serve as demonstrators are considered new vehicles and qualify for the rebate, provided their odometer reading is less than 10,000 km. These vehicles cannot have been registered previously
Conclusion
The Electrify Nova Scotia Rebate Program presents an exceptional opportunity to make the switch to electric vehicles and e-bikes, benefiting both the environment and your wallet. With generous rebates, clear eligibility criteria, and a commitment to sustainability, this program empowers Nova Scotians to embrace a cleaner and more efficient mode of transportation.
Whether you’re an individual, a business, or part of a government entity, the future of mobility in Nova Scotia is electric, and the time to electrify is now. Don’t miss out on these substantial savings—apply for your rebate today and join the green revolution on the roads of Nova Scotia