Do you have an Electronic Vehicle?
According to a study from the U.S. Department of Energy, EV owners can save as much as $14,500 on fuel costs by owning an electric car for 15 years. That's almost $1,000 in savings for every year of driving!
Global spending on electric cars was up 50% in 2022 relative to 2021, reaching around USD 425 billion.
According to the International Energy Agency, Electric vehicles are the key technology to decarbonize road transport, a sector that accounts for over 15% of global energy-related emissions. If the growth experienced in the past two years is sustained, CO2 emissions from cars can, by 2030, be put on a pathway aligned with the Net Zero Emissions by 2050.
Not Convinced Yet?
There are perks beyond saving money on fuel
- In Utah, all-electric, and plug-in hybrid electric vehicles are permitted to use HOV lanes, regardless of the number of passengers.
- Vehicles powered exclusively by electricity are exempt from state motor vehicle emissions inspections.
- Rocky Mountain Power offers residential customers that own Electronic Vehicles a Time Of Use (TOU) rate.
Are you ready for an EV Charger in your business/home?
The Utah Department of Environmental Quality (DEQ) offers rebates to Utah-based businesses and non-profit organizations up to 50% for EV fast charging stations purchase and install.
Rocky Mountain Power offers residential customers a rebate of up to $200 for the purchase and installation of an EV charging station.