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This is a discussion on Colorado Will Pay $6,000 Toward Your Plug-In Conversion within the Prius and Hybrid News forums, part of the News & Newbies category; A new story entry has been added: Colorado Will Pay $6,000 Toward Your Plug-In Conversion Need a reason to move ...


Colorado Will Pay $6,000 Toward Your Plug-In Conversion

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Old 09-15-2009, 12:12 PM   1 links from elsewhere to this Post. Click to view. #1
Danny
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Default Colorado Will Pay $6,000 Toward Your Plug-In Conversion

A new story entry has been added:

Colorado Will Pay $6,000 Toward Your Plug-In Conversion

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Need a reason to move to Colorado? Here's one: the state will give you up to a $6,000 tax credit toward converting your plain-old Prius into a snazzy PHEV Plug-In Prius capable of getting 2,500 miles on a tank of gas. Clayton Cornell over at Gas 2.0 put together a great article on the ins and outs, and he crunched the numbers for all you "When will it pay itself off?" people.
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dave77 (10-18-2009)
Old 09-15-2009, 12:28 PM   #2
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Default Re: Colorado Will Pay $6,000 Toward Your Plug-In Conversion

In the guys payoff calculation, he did not include the price of electricity. Hmmm
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Old 09-16-2009, 12:06 AM   #3
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Default Re: Colorado Will Pay $6,000 Toward Your Plug-In Conversion

It looks like this bill is even an better deal for those in Colorado who just buy "Highly efficient hybrids (minimum 40 mpg)." A 2010 or 2011 Prius buyer should get 75% of the $6,000 maximum credit in the tax years 2010 and 2011. Look at the list on the bottom of this link and it gives many choices for the “Incentives for Efficient Motor Vehicles”, tax credits.

http://www.colorado.gov/energy/index.php?/policy/category/motor-vehicle-incentives/

Last edited by Smoketrail; 09-18-2009 at 01:52 AM.
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Old 10-18-2009, 12:06 PM   #4
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Default Re: Colorado Will Pay $6,000 Toward Your Plug-In Conversion

AutomationTech Inc offers affordable plugin hybrid conversion kits for Prius and other hybrids. The fully installed package is $4000 for 4KWH model. Plugin range is 40 miles per charge. When considering the CO and Federal tax credit, the total net cost to the consumer is only $200. It will take less than a year to get the money back with fuel saving. For more details, visit Enginer | Prius Plugin PHEV Conversion Kit with Lithium-Ion | Hybrid
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