The Clean Car Discount ended on 31 December 2023 – what you need to know
These financial reports provide an overview of Waka Kotahi NZ Transport Agency spending on the Clean Car Discount scheme.
The reports were updated monthly, and the figures provided were calculated on an accrual basis (total amounts from when the scheme started on 1 July 2021 until the date of the report).
The reports also include information on repayable Crown grants. These grants, and revenue from fees on high emission vehicles, helped fund the Clean Car Discount scheme.
The Clean Car Discount scheme received a Crown grant when the scheme began, and after review of the financial sustainability it received an additional grant of $100 million in Budget 2023.
The table below details Waka Kotahi NZ Transport Agency expenditure, and crown grant allocations, on the Clean Car Discount scheme over the reported timeframe. All figures are reported on an accrual basis.
Table: Rebates expenditure and fees revenue from 1 Jul 2021 to 30 June 2024
Clean Car Discount life to date | June 2024 (NZD, million) |
---|---|
Life to date rebates paid |
617.2 |
Life to date administration costs |
11.9 |
Life to date project costs |
5.4 |
Total expenditure life to date |
634.5 |
|
|
Less: total fee revenue used to pay rebates |
-297.4 |
Crown Grant allocated life to date |
337.1 |
|
|
Original Crown grant |
301.4 |
Additional Crown grant |
100.0 |
Less: grant allocated life to date |
-337.1 |
Crown grant balance |
64.3 |
Notes:
Volumes over the life of the scheme | |
Number of rebates paid | 192.1k |
Number of vehicles charged a fee | 128.3k |