After ending incentives for eco-friendly vehicles three years ago, Texas will bring back rebates for alternative-energy vehicles.
According to the Dallas Morning News , the program will essentially be a reboot of the same incentive program that ended in 2015. For shoppers looking at battery-electric, plug-in hybrid, and hydrogen fuel-cell vehicles, the Lone Star state will provide $2,500 to the buyer.
The incentive is more generous for buyers looking at pickup trucks powered by natural gas or liquefied petroleum gas, however. Consumers will receive $5,000 for the eco-conscious pickups. The incentive does not apply to fleet purchases, though; only individual consumers will see the healthy sum come off of the MSRP.
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Texas won’t play nice with Tesla with the new electric-car incentives. The rebates must come from a dealership, which means Tesla’s retail stores will not be permitted to dish out any of the incentives. Texas is one of a few states that requires new cars to be sold at franchised dealerships, which skirts the California-based automaker’s direct-to-consumer method and its company-owned retail stores.
The state’s legislature has set aside $7.3-million for the new incentive program, and the program will run until May 31, 2019, or until the budget allocation runs dry.