Everything you need to know about electric vehicle subsidies in the ACT

ActewAGL EV Hub | Everything you need to know about electric vehicle subsidies in the ACT

Transport is responsible for more than 60% of the ACT’s greenhouse gas emissions and the single the largest contributor. Through the ACT Climate Change Strategy, Canberra and the greater ACT is taking direct action to cut Australia’s CO2 emissions down by 50–60% (below 1990 levels) by 2025, while establishing a pathway for achieving net zero emissions by 2045.

One way to achieve these targets is switching to cleaner driving alternatives like electric cars. To incentivise EV ownership, the ACT offers the most generous electric car subsidies in Australia. If you live in the ACT and are thinking about buying and EV, here are what electric car incentives are available to you.

Stamp duty exemption

ZEVs (zero emissions vehicles) that are purchased for the first time and not previously been registered under the Road Transport (Vehicle Registration) Act 1999 or another Territory law are eligible for a full stamp duty exemption.

Click here for more information about stamp duty exemption in the ACT for ZEVs.

Two years free registration

New or used zero emissions vehicles in the ACT purchased or acquired between 24 May 2021 and 30 June 2024 will receive two years of free registration. If you are registering your EV through a dealership, they will register the vehicle for you and advise if your vehicle is eligible.

Click here for more information about two years free EV registration in the ACT for ZEVs.

Zero-interest loans under the Sustainable Households Scheme

One of the best electric car incentives in Canberra are zero-interest loans. As part of the Sustainable Household Scheme, eligible ACT households can receive loans of between $2,000 to $15,000 to put towards the cost of a ZEV. The zero-interest is repayable over up to ten years.

Click here for more information about zero-interest loans under the Sustainable Household Scheme.

Summary

  • ZEVs (zero emissions vehicles) that are purchased for the first time in the ACT are eligible for stamp duty exemption.
  • New or used zero emissions vehicles in the ACT can receive two years free registration.
  • Eligible ACT households can receive loans of between $2,000 to $15,000 to put towards the cost of a ZEV.

Are you considering making the switch to an electric vehicle? ActewAGL can help you effortlessly find, finance and charge your EV. Discover how ActewAGL can support your transition to sustainable driving today.

Sources

https://www.environment.act.gov.au/cc/zero-emissions-vehicles