"Colorado's Energy Upgrade Mandate: A Game-Changer for El Paso County's Large Buildings"

The Biden administration aims for 50% of new car sales to be electric vehicles by 2030, and generous state and federal incentives are driving a sales boom. Colorado is one of nine states offering electric vehicle tax credits or rebates, with up to $6,000 in on-the-spot discounts for plug-in hybrids and up to $13,500 for battery-powered electric vehicles. The federal tax credit of up to $7,500 can generally be combined with state incentives, narrowing the price gap between electric and gas-powered vehicles. However, some states charge annual fees for electric vehicles, while others offer additional incentives such as rebates for home charging stations.