At last week's Electric Vehicle (EV) event, more than 115 Wellesley residents were able to test drive an EV in just 3 hours. Plus, attendees had the opportunity to learn firsthand about EV ownership from fellow residents and speak to EV coaches about the Wellesley Drives Electric Program. If you missed this fun community event, you can see some highlights here and below is information you may find helpful.
An EV is increasingly affordable, thanks to a federal tax credit (up to $7,500), a MA state rebate (up to $2,500), a charging equipment rebate (up to $1,000), and an annual $96 electric bill credit offered by the Town of Wellesley when you charge your EV off-peak at home.
Plus, an EV costs less to fuel and maintain, too. According to AAA, the average cost for a gallon of gas is $4.48 today in MA, while the average rate per kilowatt hour for residential electricity customers in Wellesley is $.16. That means if you drive an average of 1,000 miles a month, and charge your EV off-peak, you will save $1,150 per year on fuel alone.
Some maintenance, such as regular oil changes, are eliminated with an EV, so you can save $8,000 or more over the life of an EV in maintenance costs compared to a gas-powered car. Federal regulation mandates that automakers guarantee EV batteries for a minimum of eight years.
Are you concerned about climate change? Deciding to make your next car an EV is a terrific way to reduce your personal climate impact, because electric cars produce little to no pollution.
For a cheat sheet on even more things you can do to be part of climate action in Wellesley, click here.