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Can Driving Green Save You Green?

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Khatir Soltani
Electric and hybrid cars have slowly entered the Canadian market. Over the last few years, several automakers have been selling electric cars, while others have been progressively following suit. Governments and insurers have also jumped on the green wagon, implementing various incentive programs to encourage people to buy environmentally friendly, fuel-efficient vehicles.

Governments promoting green cars
Hydro-Québec is currently developing the first network of electric vehicle charging stations in Quebec! Since the beginning of 2013, green car drivers can fuel up at one of the founding partner stations that include Metro, Rona, St-Hubert, and ATM.

The government is also rewarding people who invest in electric vehicles. As of January 1, 2012, you can save up to $8,000 on the purchase of an electric car or plug-in hybrid. This great offer runs until December 31, 2015. Better to cash in sooner rather than later, since by 2015 the cashback incentive will be reduced to $3,000.

While people’s perceptions of green cars are gradually changing, there is still quite a bit of skepticism regarding the performance of electric versus fuel cars. The important thing is that electric cars are safe and good for the environment.

Insurers also making offers
With the growing demand for eco-friendly cars, insurers are also giving incentives to encourage drivers to go green.

Here are a few different offers available for electric and hybrid car owners:
  • With La Capitale.com online auto insurance you can save 15% on your premium when you insure a hybrid car;
  • National Bank offers a 10% premium discount on hybrid car insurance. National will also offer other benefits on your automobile insurance premiums if you take public transportation to get to work;
  • Desjardins offers different levels of reduced premiums depending on whether your car is fuel-efficient (10%), hybrid (15%) or electric (20%);
  • La Personnelle offers savings on premiums similar to Desjardins’ offers;
  • TD Bank also offers a discount on auto insurance for hybrid or electric vehicles.

If you are considering buying a hybrid or electric car, it is worth shopping around. Despite the higher prices of electric cars, there are many programs that will make your decision to go green worthwhile.

Driving green saves you green!
Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada