The title song to Vicki Lawrence’s 1973 Hit (followed by a 1981 movie of the same title and covered in1991 by country star Reba McIntyre) says it all today, June 30, 2015 when the ZEV Tax Credit expires after 17 years at midnight tonight. In it’s wake has been the mad rush to buy and lease Nissan LEAF, Tesla Model S and new to Georgia’s KIA Soul EV before the tax credit expires and is replaced by nothing but the $200.00 annual EV Road Use Fee enacted by House Bill 170.
This author, after investing six months fighting to retain the EV tax credit in some, reduced form (see $914 Million Reasons blog post) leased a 2015 Nissan LEAF for his son at Law School in Virginia and purchased a 2015 Tesla Model S60 for his new business Georgia EVentures, LLC which rents out EVs for extended periods. If you can’t fight ’em, join ’em.
When all the dust clears, the elimination of the ZEV tax credit is likely to produce another 10,000 EVs on metro Atlanta roads as residents snapped up EVs in time for the tax credit. That puts Atlanta around 25,000+ EVs on its roads, helping it maintain a Top 5 EV city ranking.
What happens in 2016? There will be renewed effort to pass an EV tax credit, including PHEVs in the 2016 Georgia Assembly. Some in the state even think that Chuck Martin (House R-Alpharetta) may be the sponsor of the Bill. Speaking at the Alternative Fuel Vehicles 5th Annual Road Show (sponsored by Public Service Commissioner and indefatagible EV supporter Tim Echols) in Decatur GA, Elena Parent (Senate D-Decatur) pledged to introduce new EV tax credit legislation in the 2016 Georgia General Assembly. Let’s hope she can find a Senator across the aisle to partner with her. Brandon Beach (Senate R-Alpharetta) and head of the Senate Transportation Committee would be a good choice. I shared the $914 million dollar EV opportunity with him back in mid-March.
And Georgia Power/Southern Company has stepped up to the plate, backing its portfolio of EV charging station rebates with a fleet of 32 Chevrolet VOLTs to get the word out across the State of Georgia about the power of EVs (and their new Residential Solar Power incentives). Georgia Power is constructing over 60 fast charge and level 2 islands across the state to bring infrastructure to EVs beyond metro Atlanta.
Most exciting is the recent passage in the 114th CONGRESS of S. 1581 ‘to foster market development of clean energy fueling facilitities by steering infrastructure installation toward designated Clean Vehicle Corridors“. I’ll be watching to see if the House passes a similar Bill and a new focus on intercity/interstate Alternative Fuel Vehicles infrastructure is supported by the United States CONGRESS.
Stayed tuned and check back here as 2016 will continue to see the growth and expansion of electric vehicles and infrastructure throughout the State of Georgia!