A partnership between Securing America’s Future Energy and the Electrification Coalition commissioned a study that was prepared by Keybridge Research LLC and relied upon an economic model of Georgia developed by REMI. The study intended on examining the economic effects of a possible elimination of a $5,000 tax credit that supported the purchase of electric vehicles. It was found that without the tax credit, Georgia drivers would pay $33 million more in auto maintenance bills over the next 5 years and $208 million more in such bills over the next 16 years, while giving up a future economic insurance policy for its consumers in the event of a sudden gasoline price spike.
