
NWT residents will once again be able to receive $5,000 off the purchase of some new electric vehicles, a program that was discontinued in mid-2022.
The Arctic Energy Alliance, which is offering discounted rates, said territorial funding had not been renewed at the time but new money had been found. Electric bikes, snowmobiles and ATVs will also qualify from April.
Discounts are available if you have purchased a battery-only or plug-in hybrid electric vehicle or tier two charging station for your home since April 1, 2022, and are in a community normally powered by hydropower.
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The Arctic Energy Alliance asked applications to be submitted by March 7, saying that changes to the program after that point were still being worked on – but the price cuts would continue.
The federal government is offering separate $5,000 discounts. In the past, the Arctic Energy Alliance has urged residents to combine the two and get $10,000 from a single vehicle.
“The price cap for eligible vehicles has also increased this year,” the group said in a news release Thursday.
“Right now, the base model manufacturer’s suggested retail price should be $60,000 or less, before options and taxes apply. The previous cap was $55,000.”
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