New Jersey residents looking to buy or lease an electric vehicle won’t be able to get a government rebate — at least temporarily — because the state program is so popular that it’s already running out of money, officials said.
The Charge Up New Jersey program has disbursed an estimated $35 million for the fiscal year ending this July, according to the state’s Board of Public Utilities. The board said April 17 it was putting the program on pause because all the earmarked funding will soon be disbursed, based on current rate of application approvals and eligible vehicle orders.
