Barry Cowen (Laois-Offaly, Fianna Fail)
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144. To ask the Minister for Finance the costs of extending the vehicle registration tax rebate for electric vehicles until 2017 and until 2020. [2124/16]

Michael Noonan (Limerick City, Fine Gael)
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Section 62 of the Finance Act 2014 provided for an extension of the reliefs from Vehicle Registration Tax (VRT) available for electric vehicles, hybrid electric vehicles and plug-in hybrid electric vehicles till 31 December 2016. The cost of the VRT rebate for electric vehicles in 2015 was €2 million.  As the cost of extending the rebate until 2017 and 2020 will rely on a number of factors such as levels registrations of electric vehicles and the Open Market Selling Price (OMSP) of those vehicles during that period, it is not possible to accurately calculate the cost requested.