Type of Program:
The Prince Edward Island Universal EV (UEV) Incentive Program is intended to encourage and accelerate clean energy vehicle deployment and technology innovation within Prince Edward Island. The program provides incentives for Islanders who purchase (a new or used) or lease (a new) Battery Electric Vehicle (BEV) or a Plug-in Hybrid Electric Vehicle (PHEV) from a Licensed Island Dealership.
Comments on Funding:
Funding is an incentive of $5,000 to Islanders who purchase a new or used EV. Government will also offer $2,500 to those who buy a plug-in hybrid from April 1, 2021 onwards.
When It Ends:
To qualify for an incentive, vehicles must meet the following requirements:
No need to apply, incentives will be administered at point-of-sale, applied directly on the bill of sale or lease agreement.
The following documents must be filled out accurately and submitted to Access PEI or uploaded to the UEV Incentive webpage in a timely manner:
- 1Proof that each sale / lease of an eligible UEV Incentive Program was made to a PEI resident (or PEI business operating in PEI with a valid business license or to a public agency in PEI);
- 2A copy of the sales or lease contract signed by all parties with an itemization of credits,
disounts, and incentives received, if applicable.
- 3Copy of PEI drivers license and copy of vehicle registration;
- 4An EV Incentive Application signed by the purchaser/lessee and dealership.
Other Things to Note:
Published date: December 1, 2022 – Source 1.
A list of eligible new vehicles can be found on Transport Canada's website – Source 2.