Sometimes, it pays to be an early adopter -- literally.
Through a Department of Energy initiative, the first 4400 Chevrolet Volt owners will be eligible for a free 240-volt home charging station worth up to $2,000.
General Motors estimates the government subsidy to defray the cost of the more powerful charging station and encourage Volt sales. At purchase, all Volt buyers will receive a 120-volt charge cord able to fit into a typical household outlet, with the option to purchase a 240-volt charging station. A grant from the American Recovery and Reinvestment Act will allow GM to give the first charging stations away free.
The lucky first owners may even receive free installation of the system, according to GM. This initiative is part of a larger project to complete 15,000 charging stations through federal grants.
“Many owners will plug their Volt into a normal 120-volt electrical outlet, charge overnight and drive to work in the morning using only battery power,” said Tony DiSalle, Product and Marketing Director for the Chevrolet Volt. “For Volt owners who want to install a faster 240-volt charge station, we expect the Department of Energy project to save $1,000 and $2,000.”
We've already discussed the merits of government subsidies for electric vehicles, such as the upcoming Volt. Will the incentives be enough to spur sales?