In reading through this forum and the Chevrolet website, I have found the following incentives for buying a 2012 Volt in Los Angeles, California:
1) $7,500 Federal tax credit
2) $1,500 California rebate
3) Solo access to carpool lanes
4) LADWP home charger rebate and lower EV charging rates
5) Free home 240v EV charger
My questions are thus:
1) Is the $7,500 applied to taxes owed for the year in which you purchased the Volt, or is it a credit against total annual household income? If a dollar-for-dollar credit against taxes owed, what if I'm getting a refund? Does everyone get a full $7,500 or is it prorated on some predefined scale? When is the program estimated to end (i.e., how long do I have before I lose this opportunity)?
2) The description of this CA incentive sounds like the state sends the buyer a check after applying. Is that correct? When is the program estimated to end (i.e., how long do I have before I lose this opportunity)?
3) How many HOV stickers are available? Does this program apply to all low-emission vehicles? When is the program estimated to run out of Volt stickers?
4) Has anyone done this with the LADWP? How much lower are the EV charging rates?
5) Has anyone done this? Was the installation truly free? Was the installed charger a generic brand, or the one supplied by Chevrolet if you buy it from them?
For your reference, here are the links:
5) http://www.theevproject.com/overview.php and https://homecharging.spx.com/volt/Di...id=29&menu=21?