The South Australian Government has committed $12.25 million to accelerate the uptake of electric vehicles (EVs) with a new EV smart charging subsidy for South Australian households.
Over the next four years, 7500 subsidies of up to $2000 will be available to households, with new or existing plug-in EVs, that invest in smart charging solutions that monitor and respond to household and electricity network events.
This is on top of the $3000 purchase subsidy and the three-year registration fee exemption for 7000 new EVs that is also being provided by the South Australian Government for vehicles registered from 28 October 2021.
That means local motorists who may have ordered a new eligible battery electric vehicle prior to that date but are still waiting for delivery – and therefore, haven’t registered the vehicle yet – will still be able to apply for the subsidy.
Applications are now open for the $3000 subsidies via the Treasury Website and includes a three-year registration exemption for the purchase of eligible new battery electric and hydrogen fuel cell vehicles.
There will be a price cap of $68,750 (inc GST) to provide an incentive to bring lower-priced electric vehicles to the market and avoid subsidising expensive electric vehicles.
South Australia’s Deputy Premier Dan van Holst Pellekaan said the subsidy would make electric vehicles more affordable within South Australia sooner.
“Encouraging the use of smart EV chargers at home is another step on South Australia’s journey to net 100 per cent renewable energy by 2030, and to be net carbon neutral by 2050,” he said.
“We have our sights set firmly on becoming a national leader in electric vehicle uptake and smart charging by 2025.”
He said the subsidy will also help to reduce costs for South Australians.
“Over the next four years it is forecast that plug-in EVs on our roads will grow from approximately 1,900 to more than 29,000 vehicles, so it’s important that we harness our abundant renewable energy resources to lower motoring costs, air, noise and carbon pollution, and reduce electricity costs for all South Australians,” he said.
The subsidies will be available until the fund allocation is exhausted or for the next four years, whichever comes first.
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