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State of California provides $5000 rebate for a New PHEV

Plug-In Hybrid and Zero Emission Light-Duty Vehicle Rebates Rebates are available through the Clean Vehicle Rebate Project (CVRP) for the purchase or lease of qualified vehicles. The rebates offer up to $5,000 for light-duty zero emission and plug-in hybrid vehicles and up to $20,000 for zero emission commercial vehicles that the California Air Resources Board (ARB) has approved or certified. The rebates are available on a first-come, first-served basis to individuals, business owners, and government entities in California that purchase or lease new eligible vehicles on or after March 15, 2010. Eligible vehicles are electric drive cars, trucks, commercial medium- and heavy-duty vehicles, motorcycles, or neighborhood electric vehicles. Manufacturers of zero emission vehicles must apply to ARB to have their vehicles included in CVRP. Refer to the CVRP Web site for a list of eligible vehicles and other requirements. ARB determines annual funding amounts for CVRP, which is expected to be effective through 2015.