Tuesday, November 9, 2010

Electric Cars More Affordable with Tax Credits

photo used with permission from morgueFile Free License

Sometimes you just can’t afford to be as green as you want to be.

While there are countless inexpensive and sometimes even money saving ways to eliminate waste and reduce dependence on non renewable energy resources like fossil fuels, some proven ways involve a purchase that can’t be worked into the average green consumer’s budget.

An example is the electric car.

A new compact sedan that runs on fossil fuel can be purchased at an average starting price of approximately $17,000.

Compare this to an electric powered vehicle such as the Nissan Leaf with a price tag of over $32,000. That’s often just too high a price to pay no matter how committed you are to environmental issues like the reduction of greenhouse gas emissions.

But things might be changing now that more people are recognizing that our dependence on foreign oil is a national security risk.

Federal tax credits and state tax incentives are becoming available for those shopping for an environmentally friendly vehicle. Read more about Tax Incentives for Electric Cars

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