Making the switch from a gas to an electric vehicle is about to become considerably cheaper for those living in Washington thanks to a new tax rebate.
Tax rebates worth up to $9,000 will become available in August 2024 for those planning to purchase an electric vehicle in the northeastern state. The Washington EV Instant Rebate program will open for car buyers who meet certain income requirements on new and used electric vehicles.
Up to $45 million will be spent by Washington's Department of Commerce on funding the program, which will expire in June 2025 or when the financing runs out, according to a report by The Seattle Times. Newsweek has contacted the department for comment via email outside of normal working hours.