How buying green saves you money now and in the future

by | May 5, 2024 | Automotive

Many green or eco-friendly purchases can be more expensive than their less environmentally friendly counterparts, but there are still savings to be found in making green swaps, both now and in the long run.

On a small scale, going vegetarian one night a week will cut your grocery bill down, since meat is almost always one of the most expensive items to buy. Choosing imperfect-looking or near-expiry produce may also save you some cash while cutting down on food waste – which decomposes into greenhouse gases.

Using a bar of dish soap, body wash or shampoo also cuts down on plastic waste. Plus, solids typically last far longer than your plastic bottle of liquid soap, so you don’t have to pay up as often.

Looking for incentive or rebate programs for bigger-ticket items can also help you save now on good-for-the-planet purchases that allow you to keep saving over time.

Electric vehicles (EVs), for example, help you avoid the emissions of gas vehicles. Though they typically have a higher price tag than traditional vehicles, the electricity EVs require for charging costs you a lot less than gas at the pump. Plus, they’re generally more affordable to maintain since you don’t need oil changes and tune-ups, and there are fewer of the moving parts that tend to break down in traditional vehicles like exhaust and transmission systems.

And, there are rebates available for electric vehicles. The federal government’s Incentives for Zero-Emission Vehicles program offers rebates up to $5,000 on the purchase or lease of qualifying EVs for families and individuals.

For Canadian businesses that need vans, trucks or other commercial vehicles, there is a program called the Incentives for Medium- and Heavy-Duty Zero-Emission Vehicles program.

It’s a rebate of up to $200,000 per vehicle applied at the point of sale on qualifying vans, trucks, coach buses, semi-trucks and more. It can be combined with other EV rebates available where you live.

Find out more about these programs by searching zero-emission vehicles on canada.ca

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