SCE Provides $450 Rebate for New and Used Electric Vehicles

May 16, 2016 11:00 AM ET

Starting today, Southern California Edison is offering a $450 reward to customers who drive all-electric or plug-in hybrid vehicles.

The incentive, which is being offered through SCE’s Clean Fuel Rewards Program, applies to new, used and leased vehicles. Unlike most rebate programs, second and third owners of a vehicle are also eligible for the payment.

“We hope that making second and third car owners eligible for a rebate will help stimulate the market for used electric vehicles,” said Laura Renger, SCE principal manager for Air and Climate Policy. “Not only will customers get a payment, they will also save because electricity is a low-cost fuel. Average fuel costs for an electric vehicle are 50 percent less than a car that runs on gasoline.”

To qualify for a payment, customers need an active SCE residential account and a scanned copy of the car's registration that reflects the SCE account address. They simply submit an application through the Clean Fuel Rewards website. Once approved, Clean Fuel Rewards checks are then mailed to the customer.

The Clean Fuel Rewards Program is made available through the state of California’s Low Carbon Fuel Standard Program. It helps combat climate change by encouraging the use of clean fuels, like electricity, in vehicles. SCE earns credits in the program when customers use electricity at home to charge their electric vehicles. SCE then returns the value of these credits to electric vehicle customers through the Clean Fuel Rewards program.

Renger added that since transportation is a major source of greenhouse gases, not only is driving an electric vehicle economical, it also helps the environment by cleaning the air we breathe. Each mile driven using electricity from the grid reduces greenhouse gases.