Rate Incentive News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: With interest and investment in electric vehicle (EV) technology increasing steadily, it is important for OEMs, suppliers, dealers, and consumers to be aware of federal and state incentives that may subsidize their particular EV decisions. In Georgia, specifically, several potential credits and discounts are available from the state and from private utilities. Consider the following: Alternative Fuel and Advanced Vehicle Job Creation Tax Credit A business enterprise that manufactures alternative energy products for use in battery, biofuel, and EV enterprises may claim an annual state tax credit for five years, based on the number of eligible new full-time employee jobs engaged in the qualifying activity. The credits range from $750 to $3,500 per year, depending on unemployment rates and income levels in the county of operation, as well as other details. An additional one-time credit of $500 per new job created may be ava

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