Peninsula Energy Offering Deep Discounts On Electric Vehicles

REDWOOD CITY, CA — Peninsula Clean Energy hopes to energize another round of interest in its popular electric vehicle discount program, saving thousands of dollars for San Mateo County residents through a partnership with seven participating local auto dealers.

The program combines guaranteed savings from dealerships with Peninsula Clean Energy incentives of $1,000 for all-electric cars or $700 for plug-in hybrids. The time-limited discounts are available from Oct. 1 through Dec. 31, 2019.

The discounts from participating dealerships with the Peninsula Clean Energy incentives will be attached to the purchases of the following 2019 models:

• $7,000 off the Chevy Bolt at Putnam Chevrolet in Burlingame
• $3,500 off the Nissan Leaf at Nissan of Burlingame
• $3,200 off the Ford Fusion Energi at Serramonte Ford in Colma
• $3,000 off the BMW i3 at Peter Pan BMW in San Mateo
• $2,600 off the Chrysler Pacifica Hybrid minivan at Stewart Chrysler in Colma
• $1,700 off the Honda Clarity Plug-In Hybrid at Honda of Serramonte in Colma
• $1,550 off the Toyota Prius Prime at Toyota 101 in Redwood City

Buyers may stack these savings with manufacturer discounts, along with state and federal EV tax incentives. In some cases, there's the potential of saving an additional $10,800 or more per purchase.

The program also offers significant savings on leases. See www.peninsulacleanenergy.com/ev for details.

"We are thrilled to be able to offer our customers this incredible opportunity to buy or lease a new electric vehicle and save thousands of dollars," said Jan Pepper, chief executive officer of Peninsula Clean Energy.

PCE has calculated that electric vehicles save their owners an average of $1,200 a year on fuel and maintenance costs compared to a gas-powered car.

California Assemblyman Kevin Mullin applauded the offerings.

"This program has tremendous benefits,” said Mullin, a San Mateo County resident who took advantage of the program in 2018. "The generous rebates and the ability to reduce my dependence on fossil fuels made it an easy decision for me."

The program is part of Peninsula Clean Energy’s comprehensive approach to electrifying transportation in San Mateo County. The effort also includes providing $4,000 incentives to low-income residents over the next four years as well as supporting schools and municipalities in electrifying their fleets.

Fossil-fueled transportation is by far the largest single source of greenhouse gas emissions in San Mateo County, emitting 61 percent of the emissions countywide.

Formed in March 2016, Peninsula Clean Energy accessed through www.PeninsulaCleanEnergy.com is San Mateo County’s official electricity provider. It operates as a nonprofit energy agency that provides all electric customers in San Mateo County with cleaner electricity at low rates.

Peninsula Clean Energy saves its customers numbering about 290,000 accounts an estimated $18 million a year.

See also

• Free Electric Vehicle Test Drives, Peninsula Clean Energy Offers