By CRM Staff
Toronto, Ontario — February 28, 2018 — Just six weeks after the Ontario Ministry of Transportation announced a $5 million initiative to promote sustainable transportation by helping building owners install electric vehicle charging stations, the funds have been exhausted.
The Workplace Electric Vehicle Charging Incentive Program (WEVCIP) was launched on January 16, but was so successful that the ministry was forced to announce that it was no longer accepting new applications.
Under the original terms, the government would contribute a maximum of $7,500 per charging station. With the initiative having already run its course, Ontarians can expect 650 new stations to be completed within the next six months.
While the program has been suspended, there is good news for Ontarians who are interested in receiving financial support from the province. The ministry’s information page appears to suggest that the government is considering making additional funds available for EV charging stations.
“If you have already submitted your application and did not receive a notification of approval, you will be placed on a waitlist (subject to eligibility). Funding may become available as projects are completed or if additional funding is identified.”
For more information, visit the WEVCIP page.
