What does this mean for you?
If you were thinking about purchasing an electric vehicle in Illinois, you may want to act fast. Illinois has recently suspended its $4,000 rebate program for plug-in vehicles. This means that the state will no longer offer a rebate for the purchase or lease of an electric car, hybrid car, or plug-in hybrid car.
The decision to suspend the program was made due to the high demand for electric vehicles and the limited funding available. The Illinois Department of Commerce and Economic Opportunity (DCEO) has said that they plan to revisit the program in the future. In the meantime, anyone interested in purchasing an electric vehicle in Illinois may want to do so sooner rather than later.
What are your other options?
If you live in Illinois and are interested in purchasing an electric vehicle, there are still other options available to you. Many car dealerships offer discounts on electric vehicles, and there are also federal tax credits available for the purchase of an electric car. You can learn more about these options by contacting a local car dealership or by doing some research online.