New legislation in the Lone Star state is set to provide up to $2500 in rebates to buyers or lessors of an electric vehicle, which contains at least a 4kwh battery. The rebate is spread out over three years; therefore, lessors on a three year lease will only be eligible for $1750 of the rebate. The program is currently capped at 2,000 cars per annum.
At least that's the summary from this article:
http://insideevs.com/texas-2500-rebate-finally-set-go-live/
Go Texas.
Update - Oops, I didn't see someone had already posted this story. Moderator, feel free to delete this post.
