One of the country’s largest electric utilities voiced its support Monday for the $7,500 electric vehicle tax credit that may be on the chopping block in the incoming Trump administration.
Edison International, which runs utility Southern California Edison, said in a statement that the consumer tax credit is a benefit to car buyers.
“The EV tax credits — $7,500 for purchasers of new electric passenger vehicles and up to $4,000 for purchasers of used EVs — are necessary for lowering the cost of EVs to customers,” said spokesperson Jeff Monford in a statement.
Edison International is headed by Pedro Pizarro, the former chair of a powerful utility trade group. It is the first major utility company to state its support for EV subsidies since President-elect Donald Trump won the election two weeks ago.
