Assumptions, Averages and Sources: Assume 15,000 miles per year, $2.50 gallon for fuel, $0.11/ kWh. Cost and savings rounded to nearest hundred. MPG estimates from fueleconomy.gov. For plug-in hybrids, assume 50% miles electric and 50% miles gas. 20lb C02/ gallon gasoline; 0.5lb C02 per kWh.
For more information on how the NYSERDA rebate works visit https://www.nyserda.ny.gov/All-Programs/Programs/Drive-Clean-Rebate
For more information on how the Federal Rebates work visit https://www.fueleconomy.gov/feg/taxevb.shtml
Conventional Vehicle (~20 MPG) | Hybrid Electric (~50 MPG) | Â Plug-In Hybrid Electric (~70 MPG) | Â All Electric Vehicle ( ~100 MPG - e) | |
What is it? | Your typical vehicle fueled by gas or diesel. | A battery works together with a gas engine and charged by the gas engine. | Vehicles first run on battery power. If the large plug-in battery is emptied the conventional engine turns on. | Â Operates Solely on battery power and charges from the grid. |
Advantages | N/A | Does not require plugging in to charge. | Â Gas engine backup can handle long distance trips with out worrying about charging. | Â No tailpipe emissions (no tailpipe). Fewer parts = Less maintenance; Fast acceleration and quiet. |
Annual Fuel Use and Cost | Avg = 700 gallons; $1,800 | Â Avg = 300 gallons; $700 | Â Avg = 200 gallons, 2,300 kWh; $700 | Â Avg = 0 gallons, 4500 kWh; $500 |
$ Savings Over 5 Years (compared to conventional vehicle) | Avg = $0 | Avg = $5,500 | Â Avg = $5,500 | Â Avg = $6,500 |
Annual Carbon Emissions (tons) | Avg =7 tons | Avg = 3 tons | Â Avg = 2.5 tons | Â Avg = 1 ton |
Rebates and Incentives from the Government | N/A | N/A | Â Up to $7,500 federal tax credit and up to $1,800 NYS rebate | Â Up to $7,500 federal tax credit and up to $2,000 NYS rebate |
Some Examples | Ford Fusion, Jeep Compass, Subaru Outback, Nissan Rogue, Chevrolet Silverado | Toyota Prius Hybrid, Toyota Camry Hybrid, Toyota Rav4 Hybrid, Hyundai Ioniq Hybrid | Chevrolet Volt, Chrysler Pacifica Plug-in Hybrid, Ford C-Max Energi, Toyota Pruis Prime Plug-in | Nissan Leaf, Chevrolet Bolt, Kia Soul EV |