New York State EV Rebate Program Overview for Dealers Patrick Bolton, Senior Project Manager, NYSERDA Betsy McDonald, Project Manager, CSE March 2017
Introduction Part of Governor Andrew M. Cuomo s ChargeNY initiative Reduce harmful emissions and the transportation sector s dependence on petroleum Accelerate deployment of zero emission vehicles (ZEVs - PHEVs, BEVs, and FCEVs) Help New York State (NYS) meet clean energy goals 2
Introduction Presenters: Patrick Bolton, Senior Project Manager, NYSERDA patrick.bolton@nyserda.ny.gov Betsy McDonald, Project Manager, CSE betsy.mcdonald@energycenter.org Objective: Introduce NYS new car dealers to rebate for electric vehicles 3
4 Ground Rules Phones are muted Submit questions in chat box Presentation will be emailed to attendees
5 Agenda Introduction Overview Eligibility Dealer Enrollment Rebate Application Process Required Documents Rebate Payment Resources Additional Incentives Next Steps Q&A
Overview 6
Overview Program has not launched Dealers can sign up now in advance of launch Please do not distribute information outside of your organization 7
Overview Run by NYSERDA Administered by CSE Phone: 866-595-7917 Email: NYevrebate@energycenter.org 8
Overview Point-of-sale (POS) rebate program Reduces cost of purchasing or leasing eligible zero- or low-emission vehicles For NYS residents, businesses and government entities Vehicles purchased prior to program effective date are not eligible 9
Overview Multimillion dollar rebate budget Funds expected to support the program for several years Online, real time budget tracker 10
Overview To participate, dealers: Enroll in the program Reduce vehicle price by the full amount of the rebate at the point-of-sale Apply for the rebate online within 60 days of vehicle delivery to the customer Receive payment 11
Program Eligibility Dealers 12 Registered with NYS DMV as new car dealership Offer one or more eligible vehicles for purchase or lease Enroll to become an authorized program dealer
Program Eligibility Vehicle Purchasers 13 NYS resident, registered/licensed business, government entity Purchase or lease a new vehicle from a participating dealer Own or lease the vehicle for at least 36 months Agree to Vehicle Purchaser Terms and Conditions
Program Eligibility Vehicles 14 New (never sold or registered), unmodified Four-wheeled, highway-capable, light-duty PHEVs, BEVs, and FCEVs Drivetrain covered by OEM warranty Purchased/leased on or after the program effective date Eligible vehicle list available online when program launches
Program Eligibility Rebates 15 Based on EPA all-electric range Electric Range (miles) Rebate Levels Less than 20 $500 20 to 39 $1,100 40 to 119 $1,700 120 and Greater $2,000 Greater than $60K MSRP $500
Program Eligibility Eligible PHEVs Make and Model Model Year EPA All- Electric Range Base MSRP Rebate Audi A3 e-tron 2016 2017 16 17 $37,900 $500 BMW 330e iperformance 2016 2017 14 $43,700 $500 BMW i8 2016-2017 14 $140,700 $500 BMW X5 xdrive40e 2016 2017 14 $62,100 $500 BMW i3 REx 2016 2017 72-97 $46,250 $1,700 Cadillac ELR 2016 40 $65,000 $500 Cadillac ELR Sport 2016 36 $65,000 $500 Chevrolet Volt 2016 2017 53 $33,170 $1,700 Ford C-MAX Energi 2016 19 $31,770 $500 Ford C-MAX Energi 2017 20 $27,120 $1,100 Ford Fusion Energi 2016 19 $33,900 $500 Ford Fusion Energi 2017 21 $33,120 $1,100 Hyundai Sonata Plug-in Hybrid 2016 2017 27 $34,600 $1,100 Kia Optima Plug-in Hybrid 2017 29 $35,210 $1,100 Mercedes-Benz GLE550e 2016-2017 10 12 $66,300 $500 Mercedes-Benz S550e 2016-2017 12 14 $95,650 $500 Porsche Cayenne S E-Hybrid 2016 2017 14 $77,200 $500 Porsche Panamera S E-Hybrid 2016 15 $96,100 $500 Toyota Prius Prime 2017 25 $27,100 $1,100 Volvo XC90 T8 2016 2017 13 $68,100 $500 16
17 Program Eligibility Eligible BEVs Make and Model Model Year EPA All-Electric Range Base MSRP Rebate BMW i3 2016 2017 81 114 $42,400 $1,700 Chevrolet Bolt 2017 238 $36,620 $2,000 Ford Focus Electric 2016 2017 76-115 $29,170 $1,700 Kia Soul EV 2016 2017 93 $31,950 $1,700 Mercedes-Benz B250e 2016 2017 87 $41,450 $1,700 Mitsubishi i-miev 2016-2017 62 59 $22,995 $1,700 Nissan LEAF 2016-2017 84 107 $29,010 $1,700 smart electric fortwo coupe 2016 68 $25,000 $1,700 Tesla Model S 2016-2017 210 351 $69,900 $500 Tesla Model X 2016-2017 200 257 $74,000 $500 Volkswagen e-golf 2016 83 $28,995 $1,700
Dealer Enrollment 18 One-time, online application Visit nyserda.ny.gov/ev Dealer Sign Up Provide company information, EIN Enter contact info Enter DMV facility number Provide list of offered eligible EVs Agree to terms and conditions
Dealer Enrollment 19 Reviewed by program staff Upon approval, eligible to participate Emails to expect: Notification of approval EFT signup Login credentials for dealer web portal Program launch update
Dealer Enrollment Hard copy consumer materials mailed free of charge once the program launches Program poster 5 Reasons to Buy an EV Rebate Overview 20 Need more? Email us NYevrebate@energycenter.org
Rebate Application Process Online submission within 60 days of vehicle delivery to the customer Login to dealer portal Enter customer information Funding reserved at Step 3 (vehicle info) 10 days to upload documents and complete application CSE reviews, contacts dealer with questions Once approved, dealer paid via live check or EFT 21
Rebate Application Process 22
Step 1 Customer Info 23
Step 2 Vehicle Selection 24
Step 3 Vehicle Information 25
Step 4 Dealer T s and C s 26
Step 5 Application Review 27
Step 6 Upload Documents 28
Step 7 Submit! 29
Rebate Application Process Possible reasons for rejection: Vehicle Purchaser is not eligible Vehicle is not eligible For leases, lease term is less than 36 months Rebate application is not submitted within 60 days of delivery Vehicle transaction occurred before program start Rebate was not passed to the Vehicle Purchaser See the Implementation Manual for full requirements 30
Required Documents 31 DMV Form MV-50 DMV Form MV-82 Signed Final Buyer s Order Must show rebate passed to consumer Vehicle Purchaser Terms & Conditions For individuals, include NYS Driver License
Required Documents MV-50 32
Required Documents MV-82 33
Required Documents Final Buyer s Order 34
Required Documents Consumer T s & C s 35 Include NYS residency documentation for individuals Include NYS domicile address for non-individuals
Rebate Payment 36 Rebates issued to dealers via electronic funds transfer (EFT) or check Dealers can elect EFT after enrollment Payment within 30 days of application approval
37 Training Resources On-demand resources Instructional videos Program reference guide Archived webinar Frequently asked questions Email and toll-free help line Phone: 866-595-7917 Email: NYevrebate@energycenter.org
38 Additional Incentives Federal Tax Credit Up to $7,500 per vehicle HOV Lane Exemption & Toll Discount Use LIE HOV lanes and off-peak toll rate and E-Z pass discounts Time-of-Use Electricity Rates Utility rates that reduce the cost of home vehicle charging during off-peak hours
39 Additional Incentives NYS Alternative Fuel Vehicle Recharging Tax Credit and Cleaner, Greener Communities Tax credit for chargers and funds for communities with streamlined permitting for charging stations DEC Rebates for Municipalities Up to $5,000 per vehicle and up to $250,000 per facility for eligible infrastructure
40 Next Steps Enroll today! Visit nyserda.ny.gov/ev Dealer Sign Up Questions? Contact the Program Administrator Center for Sustainable Energy Phone: 866-595-7917 Email: NYevrebate@energycenter.org