The Province of Ontario has laid out its plan to wind down the Electric and Hydrogen Vehicle Incentive Program, and it allows dealer stock to be remain eligible for the incentives if the vehicles were ordered by July 11 and sold by Sept. 10.
Ontario cancelled the cap and trade program on July 3 as part of its commitment to lower gas prices down by 10 cents a litre. Given the EHVIP and the Electric Vehicle Charging Incentive Program were funded through cap-and-trade proceeds, they were cancelled.
The majority Progressive Conservative didn’t specifically name all of the programs affected by the end of cap-and-trade on July 3, but instead ensured “an orderly wind-down of programs funded through the cap-and-trade carbon tax.”
The EVHIP was officially cancelled effective July 11 by way of a post on the program’s website.
Applications for rebates will be accepted from dealerships, car owners or prospective car owners only if one of the following conditions has been met:
Eligible vehicles that have been delivered to consumers, registered, and plated on or before July 11;
Dealers have inventory on lots or placed orders with manufacturers on or before July 11, provided that the vehicle is delivered to consumers, registered, and plated by Sept. 10.
Charging stations purchased and/or installed before July 11 will be eligible to receive incentives if the application is submitted within 60 days of July 11.
The EHVIP provided provincial rebates of up to $14,000 per green vehicle, depending on make and specifications.
Under cap-and-trade, the biggest-polluting companies had to buy permits if they exceed provincially set limits on greenhouse gas emissions. The province also added 4.3 cents per litre to gasoline tax under the program. The previous Liberal government had expected to collect $1.9 billion annually from the program.