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Electric Cars Cost Less Than You'd Think

New tri-county initiative aims to drive down costs and add charging stations.

Electric Cars Cost Less Than You'd Think
Electric car charging

Electric Drive 805, a new coalition between Santa Barbara, San Luis Obispo, and Ventura counties, wants all car drivers to know about the financial feasibility and benefits of purchasing electric vehicles. The coalition is also encouraging more locations to install charging stations, such as at housing complexes, workplaces, and community centers.

According to Danny McQuillan, a representative from Ventura County Air Pollution Control District, most reservations about electric vehicles stem from a lack of information about pricing and rebates. About 40 electric vehicle models are on the market today with some spread in price, and some are as affordable as gas or diesel options through the use of State of California and Southern California Edison (SCE) utility rebates.

A boon to those who refuse to pay full retail, the combination of rewards and rebates can take $14,500 off the price of a Nissan Leaf, for instance. SCE offers $1,000 in Clean Fuel Rewards for customers who purchase electric vehicles after January 1, and a $450 rebate for those buying one before 2019. Even purchasers of second and third electric vehicles qualify for the money-back promotion. As well, SCE customers get another $3,500 rebate if they buy a new Nissan LEAF up to April Fool's Day.