Leave a commentDid you know that if you purchase or lease a vehicle that operates on alternative fuels, you may qualify for a rebate?People who purchase or lease new or used vehicles licensed under the Highway Traffic Act (e.g., automobiles, buses, trucks, and vans) may qualify for a rebate of retail sales tax (RST) if the vehicles operate or are converted to operate on an alternative fuel.How much is the rebate?
A rebate of the 8% RST paid on vehicles powered by alternative fuels, including RST paid on any conversion costs, is limited to:
- $750 for propane vehicles
- $1,000 for vehicles powered by any other alternative fuel
- $1,000 for HEVs delivered to purchasers after May 9, 2001 and before March 24, 2006
- $2,000 for HEVs delivered to purchasers after March 23, 2006 and before April 1, 2012.
The rebate dollar limits do not apply to buses.
For more information, please view Ministry Of Revenue