$17,500 Off a Nissan Leaf Electric Car Now Extended to all of Williston (and Beyond)

In a recent post, we reported that Green Mountain Power customers could participate in a program that gives a $10,000 discount on a 2017 Nissan Leaf. More recently, Vermont Electric Co-op has worked out a partnership with Nissan to also offer a that $10,000 discount to all its customers.

There’s more information in the previous post, but to recap: the Nissan Leaf is a reliable, well-reviewed, all-electric vehicle with an estimated 107-mile range between charges. EVs like the Leaf have much lower fuel cost than the average gas car (on average, just over 1/3 the cost) plus much lower maintenance costs. The batteries have proven durable and lasting, and by some careful estimates an EV like the Leaf will last twice as long as a gas car. The biggest limitation, of course, is that you have to recharge, and that takes longer than pumping gas. However, you can charge at home overnight, and there are a lot more charging stations in the area than you might guess:

Interactive charging station map available at ChargeHub

In addition to the $10,000 discount, most taxpayers can qualify for a $7,500 tax credit (note that this is a credit deducted from your tax liability, not just a deduction from your income calculation). Vermont Electric Co-op also offers a $250 bill credit to customers who buy an electric car.

Not all Nissan dealerships are participating, but there are three in the region where you can get a Leaf with this discount, so you can comparison shop. You don’t have to pay sticker price minus the discount: you should be able to get a better price from your dealer. The three participating dealerships are:

Congress Extends Tax Credits for Renewable Energy, but Green Mountain Power Reaches Net Metering Cap

Solar panels

There’s good news, good news, bad news, and (UPDATE) more good news for some Vermonters who want to participate in generating renewable energy. The good news is very good news: Congress has extended federal tax credits for new renewable energy installations, including solar, wind, hydro, geothermal, and marine power (tidal generators, for instance–see April Fool’s Day post here), with solar and wind credits extending right out to 2020. This means that manufacturers, installers, homeowners, businesses, and communities can move forward with renewable energy plans without worrying whether or not tax credits will apply, and that makes a big difference in the numbers.

Read more about this at http://www.scientificamerican.com/article/renewables-boom-expected-thanks-to-tax-credit

The other good news is that Vermont has added new solar generation capacity so quickly, several Vermont utilities have already met their net metering goals. This is also, unfortunately, the bad news, because it means that under normal circumstances, Green Mountain Power customers wouldn’t be able to add new net-metered solar. That doesn’t mean the power wouldn’t be useful, but it would take away the huge advantage to everyone of making that solar power available through the grid and being paid a price for it that takes into account the additional value of non-fossil fuel generation. However, here’s an UPDATE from Green Mountain Power:

we [have] proposed to the Public Service Board … a limited strategic extension of net metering, and as part of it will continue to allow rooftop solar. We have also proposed having community projects for folks who can’t go solar …

So that’s good news for Green Mountain Power customers. The problem remains, unfortunately, for Vermont Electric Co-op and Hardwick Electric customers, as these two companies have also reached their caps and unlike GMP have not (to the best of my knowledge) made the additional effort to work around the net metering cap. Williston’s electric customers are about evenly split, geographically, between Green Mountain Power in the north part of town and Vermont Electric Co-op in the south part of town.

This problem will continue until net metering caps are raised; let’s hope that’s soon!

Read more about the net metering cap at http://vtdigger.org/2015/11/10/green-mountain-power-poised-to-top-net-metering-cap/.