A proposed $30 million program to provide rebates to Coloradans looking to purchase an electric vehicle has been pared down to $5 million in a decision by the Colorado Public Utilities Commission this week.

The rebate program, which includes an income-test, will provide rebates of up to $5,500 for new EVs and $3,000 for used vehicles.

You can read more on the decision here: Colorado regulators hit brakes on Xcel Energy’s plan for a $30 million electric vehicle rebate program, and here: Colorado regulators give Xcel Energy green light to invest in electric transportation, but pump brakes on vehicle rebate plan.