Delaware § 8064 Electric vehicle rebate programs [For contingent repeal of this section, see 84 Del. Laws, c. 144, § 3]

Delaware Statutes

§ 8064 — Electric vehicle rebate programs [For contingent repeal of this section, see 84 Del. Laws, c. 144, § 3]

Delaware·Title 29·Part Departments of Government·Ch. 80 DEPARTMENT OF NATURAL RESOURCES AND ENVIRONMENTAL CONTROL·Subch. The Delaware Energy Act

(a)As used in this section:

(1)“All-electric vehicle” means as defined in § 8062 of this chapter.

(2)“Department” means the Delaware Department of Natural Resources and Environmental Control.

(3)“Electric vehicle” means as defined in § 8062 of this chapter.

(4)“MSRP” means the manufacturer’s suggested retail price for an electric vehicle as set by the electric vehicle’s manufacturer.

(5)“Plug-in hybrid vehicle” means as defined in § 8062 of this chapter.

(b)The Department shall administer a rebate program to incentivize the purchase and lease of new and used electric vehicles by Delaware residents. Qualifying electric vehicles shall be eligible for a rebate in an amount determined by the Department based on availability of funds and the Department’s assessment of the maturatio

Free access — add to your briefcase to read the full text and ask questions with AI

(a) As used in this section:

(1) “All-electric vehicle” means as defined in § 8062 of this chapter.

(2) “Department” means the Delaware Department of Natural Resources and Environmental Control.

(3) “Electric vehicle” means as defined in § 8062 of this chapter.

(4) “MSRP” means the manufacturer’s suggested retail price for an electric vehicle as set by the electric vehicle’s manufacturer.

(5) “Plug-in hybrid vehicle” means as defined in § 8062 of this chapter.

(b) The Department shall administer a rebate program to incentivize the purchase and lease of new and used electric vehicles by Delaware residents. Qualifying electric vehicles shall be eligible for a rebate in an amount determined by the Department based on availability of funds and the Department’s assessment of the maturation of the market, provided, however, that the rebate for all-electric vehicles shall not exceed $2,500 per vehicle and the rebate for plug-in hybrid vehicles shall not exceed $1,000 per vehicle.

(c) All of the following are eligible to participate in the rebate programs upon purchase of a qualifying vehicle:

(1) Delaware residents.

(2) Active-duty military members stationed in Delaware.

(d) No more than 2 electric vehicle rebates may be permitted per recipient over the life of the program.

(e) The Department shall establish standards and procedures for administration of electric vehicle incentive programs. Such standards may include criteria for establishing qualifying electric vehicles including price caps, mileage range, battery size, and other relevant factors.

(f) Eligible vehicles shall not exceed $50,000 in MSRP.

(g) Applications for the rebate and incentive programs must be made using forms and procedures developed by the Department.

(h) The Department may utilize third-party providers to administer rebate and incentive programs.

(i) The Department may utilize funds allocated to the Department under § 6046 of Title 7 for the programs established in subsection (b) of this section. Funds shall be issued on a first-come, first-serve basis as funds are available.

Delaware § 8064 (Electric vehicle rebate programs [For contingent repeal of this section, see 84 Del. Laws, c. 144, § 3]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.