P.E.I. launches new Electric Vehicle Incentive

By Abigail Cox

March 29, 2021

Olivia Cox, the Sustainable Transportation Coordinator of the transportation and infrastructure department for the government of P.E.I. is working at her home office and discusses the new electric vehicle incentive for the Island. Photo by Abigail Cox.

A new incentive that helps Islanders buy electric vehicles is set to begin next month.

The budget for the incentive is $500,000 from April 2021 through April 2022 and is a part of the governments Sustainable Transportation Action Plan.

It is one of the most progressive and generous electric vehicle incentives in Canada, said Olivia Cox, the Sustainable Transportation Coordinator of the transportation and infrastructure department for the government of P.E.I.

“We came out strong with a great incentive to start us off.”

Government is offering $5,000 to Islanders who purchase a new or used electric vehicle. They are also including a free level 2 charger for those who purchase an electric vehicle saving people approximately another $500.

Cox believes it will make a big difference and will get a lot more electric vehicles on the road.

“We hope it will get enough Islanders to purchase an electric vehicle who may have been on the fence about it before releasing the incentive.”

This is one of the many steps the government of P.E.I. is taking to try to reach its goal of Net Zero by 2030. Net Zero energy means reducing the amount of fossil-fuel emissions by implementing methods of absorbing carbon dioxide from the atmosphere.

P.E.I. is the fourth province in Canada to offer an electric vehicle incentive after Nova Scotia, British Columbia, and Quebec. P.E.I. is the first province to have government offer people the same amount of money for purchasing a new or used electric vehicle.

“This will be a game-changer for Islanders who may not be able to afford a new electric vehicle but can consider getting a used one for a lower price.”

The amount of the incentive could increase or decrease after this year depending on its success and how many Islanders take advantage of it.

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