Madico

The Way of the Future: Hybrid and Electric Cars

Aug 21, 2015

By: David Smith

Sales of hybrid and electric cars have been growing rapidly and for good reason. They’re one of the best ways you can save energy – and money – with new options hitting the streets each year. Imagine driving a roomy sedan that’s as quiet as a mouse – and never paying for gas again! This is the exciting new reality with electric cars.  

Hybrid or Electric?

 Electric cars obviously have a bigger positive impact on the environment because they have zero CO2 emissions, but they also have a lower driving range and a higher price tag. That said, in recent years the range has grown higher and the cost has come down, with even more of that promised from car manufacturers in the coming years. Electric cars also require less maintenance than hybrids, not to mention the fact that you’ll never have to pay for gas again. So, if you don’t have a long commute to work, an all-electric car might be a great option for you. An all-electric car is also perfect for two-car families: use the electric car for daily driving around town and a regular car or hybrid with a higher range for longer road trips.  

Incentives for Going Green

 The money-saving perks of driving an eco-friendly car go way beyond less money spent on gas. The current federal tax credit for a new all-electric car is $7,500. The federal tax credit for a new hybrid ranges from $2,500 to $7,500. Follow these links to see which electric and hybrid cars are eligible. Many states offer incentives as well, including cash rebates, carpool lane access and free municipal parking. You can even save money on your power or insurance bill if your provider offers a special rate for electric or hybrid cars. Of course, one of the most powerful incentives of all is knowing that you’re doing your part to stop global warming and protect our planet.  

Not Ready to Take the Plunge?

 You can still drive the next best thing. Each year, the Environmental Protection Agency awards SmartWay certifications to the top 20 percent of the cleanest, most efficient vehicles. You can search the EPA’s list of certified cars starting in the model year 2000 by clicking here. Another way to make your existing car more eco-friendly is to add window film. Learn more at “Lowering Your Carbon Footprint with Car Window Film.”

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