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SMC Low Income Residents May Qualify For Break On Electric Car
SMC households with incomes with $48,560 to $169,520 with 1 to 8 occupants, respectively, may qualify for the electric vehicle discount.
REDWOOD CITY, CA — It does pay to drive electric. San Mateo County residents with an income level requiring assistance may receive a $4,000 incentive toward purchasing a used plug-in hybrid electric vehicle in a program announced two weeks ago by Peninsula Clean Energy.
The county’s official electricity provider's DriveForward Electric vehicle purchase incentive represents a partnership with the nonprofit Peninsula Family Service, whose long standing DriveForward program provides affordable interest rates on vehicle loans for those who qualify. By combining professional financial counseling and thoughtful budgeting, the service helps participants end the cycle of economic dependence to build their lives on stable financial footing.
“Used plug-in hybrid electric vehicles can provide affordable and reliable transportation for all members of our community who need a car to access better jobs or opportunities,” Peninsula Clean Energy Chief Executive Officer Jan Pepper said. “Electric cars deliver additional savings to drivers by reducing maintenance and fuel costs compared to a gas-powered car.”
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Peninsula Clean Energy’s incentive will make electric cars more accessible to residents who may not otherwise consider them as an option. Program eligibility is based on total household income, ranging from up to $48,560 for one person to up to $169,520 for a family of eight. Participants must live or work in San Mateo County as well as have a valid driver’s license and income to cover the vehicle loan, maintenance and fueling expenses.
Eligible San Mateo County residents may apply for the utility's incentive to help with the down payment on a used plug-in hybrid through the DriveForward vehicle loan program from Peninsula Family Service. Program participants must be able to plug in their electric vehicles at their residence or place of employment.
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More information is available at peninsulacleanenergy.com/DriveForwardElectric. San Mateo County residents interested in the program may also call 650-403-4300, ext. 4105.
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