A Cheaper Electric Car

Modern Energy Roundup - January 15, 2013

Written by Green Chip Stocks
Posted January 15, 2013 at 6:23PM

Feed-In Tariffs, which helped Germany launch the solar industry from niche to billion-dollar behemoth inside of ten years, are now available in California through the Los Angeles Department of Water and Power (LADWP).

The LADWP has officially approved a 100 megawatt solar feed-in tariff (FIT) program, thereby making Los Angeles the largest in the nation to offer a FIT.

According to Solar Industry Magazine, the new program will allow customers, solar companies and other third parties to develop solar or other eligible renewable energy projects withing LADWP's service territory and sell the power to the LADWP at a set price for distribution on the city's power grid.

A Cheaper LEAF

Nissan announced yesterday that the new 2013 Nissan LEAF will be priced 18 percent lower than the 2012 model. That brings the MSRP down to $28,800 before the $7,500 federal tax credit and any additional state tax credits that may be available. In California, that actually brings the total cost down to $18,800 – or about the same price of a comparable internal combustion vehicle.

Of course, the question is, will this lower price increase sales?

It's hard to say for sure, but certainly a lower price will put the vehicle's purchase price within range of a few more car buyers that want the environmental and national security benefits that come with owning an electric vehicle, but until now simply have been unable to come up with the cash.

The 2013 model is also supposed to have an improved range, although the EPA numbers have not been released yet.

Here's more on the 2013 Nissan LEAF. . .