California adds new electric-vehicle perk
Southern California Edison is proposing a one-time rebate of $250 to $350 per new vehicle owner.
San Diego Gas & Electric intends to provide an annual bill credit but declined to say how much.
Not sure which type of credit I prefer, I can see downsides to both. Perhaps just make it work like the current state rebate and base it on battery size, though realistically people who replace dirty vehicle miles with clean vehicle miles should get the biggest incentives. Measuring this accurately would be difficult, especially with PHEVs. Avoiding the complexity with a fixed rate may be good enough.Coller of SDG&E said an individual electric vehicle generates about two pollution credits a year — the basis for the annual bill reduction. The auction value of each credit fell to $26 in November from figures as high as $55 in previous years.
Those fluctuating market prices make it difficult for the utility to estimate the new incentive ahead of time.