What Are the Tax Benefits for Electric Cars Like the Nissan …

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What Are the Tax Benefits for Electric Like the Nissan Leaf?

If you to purchase an electric car in 2010, you can a healthy federal income tax to reward you. For plug-in vehicles with a gross weight of less than pounds acquired after 31, 2009, the maximum tax credit will be $7,500. The base of the credit is $2,500. If the car has a battery of at least 5kWh, then an $417 in tax credits will be

For every kWh of battery capacity in of 5kWh, $417 will be to the total amount. The additional based on battery capacity, the base amount is limited to a of $5,000.

How does this work if you a Nissan Leaf? According to the that have been the Leaf has a total battery of 24 kWh. If no limitation were in you would have a tax credit of over $12,500.

Because of the set forth above, you will be to a maximum of $7,500.

If you buy an electric charging it will be an obvious Thanks to the Recovery Act, a amount of money has been to build the necessary infrastructure in markets to support the growth of the vehicle. In San Diego, if you are lucky to be one of the first 1,000 purchasers, you get a free charging system If you spend money putting in a there is a 30% tax credit on the amount The total credit amount is to $30,000 for commercial/retail installations and for homeowners.

This credit, however, is set to at the end of 2010.


The downside of moving the era of the electric car is that public is trying to play catch-up. every trip to the gas station, we pay a gas tax in the of 18.4 cents per gallon. of this amount (18.3 is placed into the Highway Fund.

This fund is divided two accounts: the Highway Account, receives the 15.44 cents per and the Mass Transit Account, receives 2.86 cents per As you can probably guess, these are used for the maintenance and improvement of the system and the maintenance and improvement of the transit system. The mass system obviously gets here.

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The problem with entering the electric car era is that the Highway Fund will receive funding as we consume less What this means is an in poorly maintained highways ask anyone in southern California), an in poorly maintained mass systems, and a decrease in service on mass transit system While tax increases are not popular, one is to increase the gas tax and shift the allocation mass transit over

This may achieve a goal mass transit lines are maintained and increased and people less so there is less and tear on the highways. This is thinking, but we’re all entitled to

The other problems, which larger issues relates to of energy and our national grid. energy source will we use to our charging stations? Will the use of stations wreak havoc on our and the available supply of power?

The car is coming! The electric car is coming! I’m a of the electric car, but this may be the of putting the cart before the

What Are the Tax Benefits for Electric Like the Nissan Leaf. 1.0 out of 5 on 1 rating

Mitsuoka Like Electric Cars
Mitsuoka Like Electric Cars
Mitsuoka Like Electric Cars
Mitsuoka Like Electric Cars
Mitsuoka Like Electric Cars
Mitsuoka Like Electric Cars

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