The Truth About Electric
The Truth About Electric Mobile
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Myth #1

Range Anxiety

The Truth

Most full electric vehicles (EVs) have ranges of 80-200 miles; more than enough to cover the average 16-mile commute most Coloradans tackle each day. But say you want to take a sunny afternoon off and just go for
a drive. No worries, as there are over 150 charging stations in the Denver metro area alone. What’s more, you may even be able to get a charging station installed at your workplace with up to 80% of your employer’s cost covered. Learn more at Clean Air Fleets.

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Myth #2

They're No Fun


The Truth

If you think something with a plug can’t have any muscle, think again. With instant torque at a touch of the pedal, EVs can essentially blow most gas-powered vehicles off the line, an exhilarating perk in the stop-and-go pace of the city. You’ll even find EVs burning up the racetrack; the Tesla® Model S can accelerate from 0-60 mph in a mere 2.8 seconds.

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Myth #3

Too Expensive


The Truth

You don’t need to clean out your savings or your swear jar to make an EV affordable to drive; it already is. Electricity is the cheapest form of fuel. At $1.05 per eGallon, EVs can save you more than $1,000/year on fuel and maintenance costs compared to a gas-powered vehicle. Even the vehicles themselves are reasonable at purchase; the MSRPs of the Nissan® Leaf, Chevrolet® Volt and Ford® C-Max are all between $29,000-$33,500. Factor in the generous state and federal incentives currently available to Colorado residents and the cars become so affordable that they'll have you dropping a few more bills in the jar.

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The Truth

Earn Up to $13,500 in Tax Credits

Talk about a state that keeps giving. The incentives for buying an EV in Colorado are the most generous in the nation. Right now, you can qualify for up to $13,500 in state and federal tax credits. But as EVs inevitably gain popularity, the incentives will go away. Take advantage of ‘em while they’re still available!

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Getting Started

How to Earn Your Tax Credit

01

Find
a Car

02

Note Battery Capacity

03

Calculate Savings

04

File
Taxes

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