Electric, Environment, Home

Georgia Power Announces Instant Rebates on LED Bulbs

Georgia Power is providing instant-rebates of up to $4 a bulb on select ENERGY STAR® certified LED bulbs. The utility is collaborating with The Home Depot, Costco, Ace Hardware, Dollar Tree, and True Value. The selected products have a Georgia Power tag, and the rebate is available at the register. Shoppers can find participating retailers on GeorgiaPower.com/Lighting.

energy efficient lightingCustomers can also save up to $3 per bulb by shopping online at the Georgia Power Marketplace. ENERGY STAR® certified LED lights have a life of up to 25 years and use a quarter of energy used by conventional incandescent lights.

Advertisements
Electric

Tax Credit Cuts a Negative for the Electric Vehicle Market?

If tax incentives for electric vehicles (EVs) are taken away, companies such as Tesla and GM will struggle to meet their sales goals for these vehicles, according to research by Edmunds. The research is based on analysis of the Georgia market after expiration of their EV tax credit program.

“It will take a significant rise in gas prices or stricter government mandates to drive sales of EVs at high volume,” said Jessica Caldwell, executive director of industry analysis for Edmunds. “People want a car that makes their lives easier, and given the infrastructure challenges and battery limitations, right now EVs don’t do that.”

According to Edmunds, sales of all EVs increased in Georgia while the tax credit was available. Sales of the Nissan Leaf decreased sharply after expiration. Tesla Model S sales also decreased, but then quickly rebounded. Lease payments on EVs became much higher without the credits. For example, the Leaf’s average payment rose from $132 to $290. Forty one percent of EV buyers made over $150,000 a year.

Electric

Novelis Moves into the Electric Vehicle Market     

 

Prominent aluminum rolling and recycling company Novelis will work with NIO, a next-generation car company, to deliver aluminum structural components and parts for NIO’s premium electric vehicles. The company will utilize Novelis Advanz™ aluminum alloys.

The agreement is Novelis’ first big project in the premium electric vehicle market. Novelis will use its Changzhou, China, plant to supply the solutions. According to Novelis’ VP, Sales & Marketing, Global Automotive, Pierre Labat “This seminal relationship with NIO is pushing the limits of what is possible with electric vehicles from both a performance and design standpoint.”