Cuts Expected for CHEAPR in 2025
The chart at the top of the post shows the number of rebates and amount of funds awarded monthly through August 2024. The reason for the dip in August is that there is only partial-month … Read more
CHEAPR
CHEAPR Running Hot and Proposed Legislative Changes
CHEAPR Program Running Hot The program has been setting records in terms of rebates awarded with each new month. January 2024 was a new high point with 708 rebates as seen in the chart at … Read more
Signs of Life for Income-Limited Rebates
Above chart is the monthly rebate trend through November 29, 2023. Recent months tend to get restated higher in subsequent updates. LMI Program Focus The CHEAPR program has always had a focus on making an … Read more
Rebates Set Another Monthly Record
Tesla Model Y Leads Rebated Vehicles CHEAPR set another record in June in terms of rebates awarded with 421 rebates, way exceeding the previous high water mark that occurred just one month prior of 286. … Read more
Latest Reporting Through May 2023 on CHEAPR Program
Rebates Way Up, Mostly Due to Tesla DEEP has published stats through June 14th, but for the purposes of this post, we are looking at complete months, thus through May 31st. As can be seen … Read more
CHEAPR – New Program Components Beginning to Be Implemented
The following is a summary of what was reported in the recent CHEAPR board meeting. Pre-Qualification Voucher Program for Income Limited Persons This new program soft-launched on March 29th. There have been supplemental rebates for … Read more
November CHEAPR
New CHEAPR incentives to arrive this year Expansions to CHEAPR, courtesy of Public Act 22-25, passed by the legislature last year, effective as of July 2022, implemented piecemeal as they are built, will see the … Read more
October CHEAPR Update
Steady as She Goes – Rebates Have Plateaued for the Time Being CHEAPR rebates are up over 50% since the MSRP cap was raised in July. Rebates averaged 74 per month for the first half … Read more
Not So Fast
CHEAPR Rebates Dip in September It looked like we were on a roll with rebates having risen from 59 in June to 93 (implementation of higher MSRP cap) in July to 136 in August (restated … Read more
CHEAPR July 2022 Update
New CHEAPR, Though Still A Slow Pace of Rebates There were 57 CHEAPR rebates awarded in July, the first month where the higher MSRP cap, now $50,000, was in effect. This was the same number … Read more