Blachly Lane Electric Co-op
90680 HWY 99N
Eugene, OR 97402
P: 541-688-8711 or 1-800-446-8418
Electric Vehicle Federal Tax Incentive up to $7,500
The federal government is offering a $7,500 tax credit for qualifying electric vehicles. The credit is $2,500 plus $417 for each kilowatt-hour of battery capacity in excess of 5-kilowatt hours.
- Plug-in Battery Electric Vehicles cost about 2 to 3 cents per mile to operate
- Gas/Diesel Vehicles cost around 15 cents per mile
- Electric Vehicles are generally better for the environment, especially where electricity is produced with hydroelectric (rather than coal).