Electric cars and hybrid vehicles are the future of automobiles. While they're environmentally friendly, it turns out they're good for your wallet, too. On top of saving you time and money at the pump, they can also put some money back in your pocket. To show drivers near Parsippany, Morristown, and Newark how an electric car can help you save, Jaguar Parsippany put together this run down of the NJ Rebate Program for Electric Vehicles. 

Energy Efficient Rebate Offer

While electric cars are already an attractive option, the NJ Rebate Program makes them an even easier sell. This program allows drivers to receive up to $5,000 when they buy or lease an all-electric vehicle or a hybrid with an MSRP under $55,000.

The rebate equals roughly $25 per mile for electric-only vehicles. That's just the beginning, too. This summer, the NJ Board of Public Utilities will launch a 10-year, $300 million dollar rebate program.

The program and the current rebate offer are just a few steps towards reducing New Jersey's carbon footprint and making it a greener state. The long-term goal is to have 330,000 electric vehicles registered in New Jersey by 2025 and up to 2 million electric vehicles by 2035.

More Convenient Charging

New Jersey's Energy Master Plan is focused around reducing emissions in the Garden State. In addition to making electric cars more affordable, that plan includes making them more convenient, too. That's why the state is committed to installing 400 public fast-charging stations over the next five years.

These stations will be located in both neighborhoods and along major highways. Whether you're going to the Jersey Shore or headed to the city, it'll be easier to find a spot to stop and recharge your battery.

Electric Luxury Cars & SUVs

Jaguar makes it possible to save in style. The Jaguar I-PACE is a sleek compact SUV that runs exclusively on a battery-powered electric system. It offers all the same style, cargo room, and power as its gas-powered counterparts. Plus, if you're interested in a luxury sedan, Jaguar has them coming down the line too. The all-electric Jaguar XJ is schedule to be released later in 2020.

Go Green in the Garden State

Contact Jaguar Parsippany to learn more about the NJ Rebate Program for Electric Vehicles. It's a great way for drivers near Parsippany, Morristown, and Newark to save on an efficient luxury car or SUV. If you're ready to start saving and stop going to the gas station, swing by our showroom and test drive an electric Jaguar.

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Jaguar Parsippany

220 U.S. 46
Directions Parsippany, NJ 07054

  • Contact Us: 855-637-9292


  • Monday 9:00am-8:00pm
  • Tuesday 9:00am-8:00pm
  • Wednesday 9:00am-8:00pm
  • Thursday 9:00am-8:00pm
  • Friday 9:00am-6:00pm
  • Saturday 9:00am-6:00pm
  • Sunday Closed