OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-6485
AN ACT CONCERNING THE CONNECTICUT HYDROGEN AND
ELECTRIC AUTOMOBILE PURCHASE REBATE.
Primary Analyst: MR 3/23/21
Contributing Analyst(s):
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 22 $ FY 23 $
Department of Energy and
Environmental Protection
CT Hydrogen &
Electric
Automobile
Purchase Rebate -
Cost
At least
100,000
At least
100,000
Municipal Impact: None
Explanation
The bill expands the uses of the Connecticut Hydrogen and Electric
Automobile Rebate (CHEAPR) program to include electric bicycles ("e-
bikes"). Currently, the CHEAPR program provides rebates of at least
$3 million annually to residents who purchase or lease certain types of
hydrogen or electric vehicles.
This program expansion is expected to result in increased costs
estimated to be at least $100,000 annually, to the CHEAPR account, a
separate nonlapsing account within DEEP. These costs include: (1)
onboarding a vendor to design the new e-bike program, (2) creating a
new web-based customer interface, and (3) issuance of a new request
for proposals process since the current agreement does not include e-
bikes. There would also be increased costs to the CHEAPR account
associated with the issuance of incentives, based on the number of
eligible participants. 2021HB-06485-R000124-FN.DOCX Page 2 of 2
The current balance of the CHEAPR program is $2,754,236.
The Out Years
State Impact: None
Municipal Impact: None