Case Study: Optimizing an EV Incentive Program

States operating EV incentive programs want to get the most out of program funding to reduce harmful emissions and expand EV adoption, especially for low- to moderate-income drivers.

Smart, analytics-based adjustments to EV incentive program design can fine-tune strategies to enhance budget efficiency and achieve immediate and long-term goals.

Center for Sustainable Energy, a national leader in EV incentive program design and administration, applied its Caret® EV Planner platform to EV incentive programs in several states across the U.S. – delivering policy and budget recommendations to boost program impacts.

With Caret, CSE can model alternative incentive program scenarios – adjusting rebate amounts, eligibility criteria and other parameters to project impacts to program budget spend rate, statewide EV sales, and more.