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Friday, November 22, 2024

Barickman: 'There are rebates of $4,000 for an electric vehicle and $1,500 for an electric motorcycle'

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Sen. Jason Barickman | Facebook

Sen. Jason Barickman | Facebook

In a Nov. 13 Facebook post, Sen. Jason Barickman (R-Bloomington) reminded Illinois residents of the availability of electric vehicle and electric motorcycle rebates.

“For the current fiscal year, there are rebates of $4,000 for an electric vehicle and $1,500 for an electric motorcycle," Barickman wrote on Facebook. "Rebate applications are being accepted until Jan. 31, 2023.”

Governor J.B. Pritzker signed the Reimagining Electric Vehicles in Illinois Act that aims to add a million electric car on Illinois roads, the Chicago Sun-Times reported.

Barickman shared a link to the State of Illinois website for the Electric Vehicle Rebate Program. The state is accepting rebate applications through Jan. 31, 2023. The rebate application must be postmarked within 90 days of the vehicle purchase date and the rebate application must be postmarked on or before the end of the rebate cycle, Jan. 31, 2023. Applicants must meet all eligibility requirements and EV rebates issued for applications received in a funding cycle are subject to the availability of funds for each cycle.

The purchaser must reside in Illinois at time of vehicle purchase and at the time the rebate is issued. The vehicle must be purchased from a dealer located in Illinois and licensed by the Illinois Secretary of State. Rented or leased vehicles do not qualify for the rebate. The vehicle cannot have been the subject of a previous EV rebate under this new program in Illinois.

The rebate amount cannot exceed the purchase price of the vehicle. The purchaser must retain ownership of the vehicle for a minimum of 12 consecutive months immediately after the vehicle purchase date.

The electric vehicle rebate program was part of the Climate and Equitable Jobs Act that went into law last year. CEJA includes provisions to phase out carbon emissions from the energy and transportation sectors. The Illinois EPA is directed by the CEJA to establish rebate and grant programs for electric vehicles and charging stations and oversee the phase-out of fossil fuel-fired electrical generation units.

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