Savings
Rebates and Incentives
EVs are eligible for a $7,500 tax credit. Additional California and PG&E rebates are available (MCE customers included). Your car dealer will help guide you in the process, but here are the links if you want to research now.
http://www.fueleconomy.gov/feg/taxevb.shtml
http://cleanvehiclerebate.org/eng
Total Cost of Ownership
When it comes to total cost of ownership, EVs come in miles ahead of traditional cars. Electricity rates can be 1/2 of gasoline and historically are more stable than oil. There are few moving parts in EVs resulting in very little maintenance aside from tires and windshield wipers. Most maintenance comes as free software updates.
Cost of Energy
When you charge your EV at home, your electricity cost will likely be only half your current gasoline expense! In addition, electricity prices are much more stable and rooftop solar provides even more savings. See our Home Charging Guide with everything you'll need to know about charging at home.