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Why Colorado is the best state to buy an electric car

The short answer: subsidies.  If you buy an electric car in Colorado, you’re eligible for a dealership discount worth $5,000, starting in 2017, plus a variety of other state and federal benefits worth roughly $7,500. Total potential savings on the Tesla of your dreams: $12,500.  Other states offer a variety of rebates and tax credits, … Continue reading “Why Colorado is the best state to buy an electric car”

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The short answer: subsidies

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If you buy an electric car in Colorado, you’re eligible for a dealership discount worth $5,000, starting in 2017, plus a variety of other state and federal benefits worth roughly $7,500. Total potential savings on the Tesla of your dreams: $12,500. 

Other states offer a variety of rebates and tax credits, but most are worth closer to $2,000. In some places electric car owners also gain access to benefits such as HOV lane rights. 

About the author

Senior Writer Ainsley Harris joined Fast Company in 2014. Follow her on Twitter at @ainsleyoc.

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