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California electric-car rebate program resumes
"The state hands out the rebates on a first come, first served basis. During the last fiscal year, the air resources board and the California Energy Commission devoted $7 million to the program. So many car buyers applied that the money ran out on June 20.
So for the fiscal year that began this month, the air board decided to expand funding and shrink the individual rebates in a bid to stretch the money further.
In the past, buyers of electric cars such as the Nissan Leaf or the Tesla Roadster could receive a $5,000 rebate. Now the maximum rebate will be $2,500. People who buy plug-in hybrid cars or electric motorcycles will receive smaller amounts."