Beginning Nov. 1, low-income residents of California will receive EV rebate increases of $500 when purchasing or leasing a battery electric, plug-in hybrid or hydrogen fuel cell vehicle.

Individuals with incomes of more than $150,000 or joint income tax filers of $300,000 will no longer be eligible for any incentives.

The new plan comes after the state legislature and Governor Jerry Brown agreed on a new budget on Sept. 14.

Under the budget, the California Center for Sustainable Energy received $133 million for its Clean Vehicle Rebate Project (CVRP).

SEE ALSO: California Plug-in Sales Led The US Last Year With Nearly Five-Times Greater Market Share

Consumers with household incomes less than or equal to 300 percent of the federal poverty level are now eligible for the following rebates:

• $4,500 for a battery electric vehicle
• $3,500 for a plug-in hybrid electric vehicle
• $7,000 for a hydrogen fuel cell vehicle

For those on a wait list created while the budget was in limbo during the summer, CVRP rebate applications are now being accepted. For information, check the program’s website.

California’s rebate incentives to purchase electrified vehicles have been quite successful.

The CVRP has paid out more than $335 million in rebates for some 155,300-plus vehicles, which has contributed to California accounting for half of electrified vehicles sold in the U.S.