Government and Corporate Incentives
See also: Legislation and Incentives towards hybrid vehicles and Government incentives for fuel efficient vehicles in the United StatesThere have been a number of governments with incentives intended to encourage hybrid car sales. In some countries, including the U.S. and Canada, some rebate incentives have been exhausted, while other countries such as the United Kingdom, Sweden, Belgium, and the Netherlands have various or alternative incentives to purchasing a hybrid vehicle.
Several U.S. companies offer employees incentives. Bank of America will reimburse US$3,000 on the purchase of new hybrid vehicles to full- and part-time associates working more than 20 hours per week. Google, software company Hyperion Solutions, and organic food and drink producer Clif Bar & Co offer employees a US$5,000 credit toward their purchase of certain hybrid vehicles including the Prius. Integrated Archive Systems, a Palo Alto IT company, offers a US$10,000 subsidy toward the purchase of hybrid vehicles to full-time employees employed more than one year.
Travelers Companies, a large insurance company, offers hybrid owners a 10% discount on auto insurance in most U.S. states. The Farmers Insurance Group offers a similar discount of up to 10% in most U.S. states.
Read more about this topic: Toyota Prius
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