37 CHEAPR rebates in June This tepid number was only slightly higher than the 27 in May, closing the quarter with a soft 81 rebates total and 275 for the first half of the year. … Read more
The CHEAPR board virtually convened for their first meeting since late January to consider what the program should look like going forward. To briefly recap recent history, changes were made to the rebate parameters on … Read more
CHEAPR Rebates Continue to Crawl – Revised Guidelines Needed UPDATE: CHEAPR Board Meeting Scheduled for July 17th. CHEAPR recently published updated stats through May 30. The recent trend continues. May rebates totaled 25. The breakdown … Read more
Rebates at Lowest Level Ever The lowest number of monthly rebates since its inception has been awarded by CHEAPR in April 2020, a not so grand total of 13, down from 90 in March. There … Read more
First Quarter Sales Results Were Terrible for the Industry, but a Sliver of a Silver Lining for EVs The first-quarter economic data were just released and as bad as expected (GDP down 4.8%) with worse … Read more
CHEAPR Rebates – The Doldrums Continue Given the after-effects of the change in rebate parameters, the numbers seen in the graph were not a surprise. This information dates through the end of February, which is … Read more
Updated Track of CHEAPR Rebates – Data through 1/31/20 We have been keeping watch on rebate activity since the most recent change made to the CHEAPR rebate parameters, which lowered both incentives and price cap. … Read more
Interesting Approaches to EV Incentives in Neighboring States This blog has published a number of articles about the recent changes in the CHEAPR program and how they have impacted rebates. Our feeling is that these … Read more
Changes to CHEAPR Cause Rebates to Plummet and Bring Down Overall Results for CT In addition to the rebate data, we now have data for EV sales nationally and EV registrations in CT for the … Read more
Changes to CHEAPR = large decline in rebates Club-member, Barry Kresch, penned an Op-Ed that was published in the Hartford Business Journal that discusses the early data regarding the impact of the way DEEP changed the parameters … Read more