New Brunswick has joined the growing list of provinces and territories in Canada that want to help increase electric vehicle (EV) adoption by announcing a new EV rebate program today.
Effective July 8, 2021, residents of New Brunswick that buy a new EV are eligible to receive up to $5,000 off their purchase. Rebates up to $2,500 are also available for used EVs. Long range plug-in hybrids are also eligible for $5,000 in rebates, while short range hybrids can receive up to $2,500 in rebates (h/t: Robert Warren).
These amounts can be added on top of the federal iZEV rebate, resulting in up to $10,000 in combined rebates.
“We committed in our Climate Change Action Plan to lowering greenhouse gas emissions and this program will help us continue to not only meet but exceed our emission targets. The program will make electric vehicles more affordable so that more people can take part in reducing our transportation emissions,” said Environment and Climate Change Minister Gary Crossman.
The province said it will use the same list of eligible vehicles that the Government of Canada uses for their program. The good news is the Standard Range Plus (SR+) Model 3 is on that list, but there is a catch.
Similar to the recently announced rebate program in Prince Edward Island, the vehicles must be purchased from a dealer within the province. With no Tesla locations within New Brunswick, this likely means the SR+ will not qualify for the rebate. We have reached out to the province for clarification and will update this story if we get a response.
UPDATE: In a statement to Drive Tesla, NB Power confirmed the SR+ will qualify for Plug-in NB rebate so long as the it is sold to a New Brunswick resident, municipality, First Nation, or provincially registered business or non-profit.
NB Power will initially administer the rebate program at first, providing rebates retroactively to individuals and organizations who purchase vehicles. Later this fall, dealers will provide the rebate directly to those purchasing qualifying vehicles.
Buyers who receive the new EV rebate are also eligible for a rebate of up to $750 for the purchase and installation of a Level 2 home charging station.
The province already has an extensive charging network with 87 DC fast-charging station located about every 63 kilometres on all major routes. There are also 196 Level 2 chargers scattered across New Brunswick.