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PHEVs What are the advantages of PHEVs?
- They offer the benefits of electric power, but the gasoline engine can help out when needed.
- Compared to gasoline vehicles, they offer better fuel economy (less gas burned) and lower fuel costs (because electricity is cheaper than gas).
- Because less gas is burned, PHEVs reduce our dependence on oil and emit fewer greenhouse gases than gasoline vehicles.
- PHEVs may qualify for the federal tax credit of up to $7,500. The amount depends on the vehicle, manufacturer, and your tax liability. There may be additional benefits offered by your state, city, or cooperative, such as rebates, cheaper electric rates, and special parking spots and driving lanes.
