CLEAN FUEL REWARD AT BUNNIN CHEVROLET OF SANTA PAULA , CALIFORNIA

 

CALIFORNIA CLEAN FUEL REWARD

Electric vehicles are remarkable. They're quick and quiet, with impressive acceleration, and they get the most advanced connectivity features.
But there is something even more important. They are climate friendly. Over their lifetime, they cause far fewer harmful emissions than traditional cars and trucks.
That's why California is committed to putting millions of EVs on our roads by 2030. It's all about reducing greenhouse gas emissions, improving air quality, and moving toward carbon neutrality so we can address the climate emergency. With extreme weather, rising sea levels and severe fires impacting our state, it's easy for Californians to see that climate change is real.
The California Air Resources Board and your electric utility are supporting this effort by offering the California Clean Fuel Reward. The purpose of this clean vehicle reward is to make EVs affordable for a wider range of people.

The California Clean Fuel Reward is available to anyone who buys or leases a new electric vehicle with a battery capacity greater than 5 kWh. The customer must register the vehicle in California and the customer must reside in California.

The reward is available to anyone who purchases or leases an eligible vehicle through our participating dealer. There are no income or location restrictions within California, but the vehicle must be registered in the state of California, and the customer must reside in California.

To maintain compliance with program disbursement requirements and future financial viability of the California Clean Fuel Reward, the reward amount is being temporarily reduced to $0. The last day to apply the current $750 maximum reward amount to retail sale/lease transactions is Wednesday, August 31, 2022.

The reward amount reduction was based on the goal to sustainably maintain a robust and impactful reward amount, which was challenged by several factors, including:

  • Higher than estimated growth of electric vehicle sales in California, which have drawn down reward funds more quickly than expected
  • Less revenue than initially estimated from the sale of LCFS credits
  • The program's legal obligation to maintain at least $10 million in program funds in reserve