Incentive Levels. Percentage of Annual Incentive Base Salary assigned to a Participant as a Target Award.
Incentive Levels. PCE will offer base incentives to any approved customer and increased incentives to income-qualifying customers (those making at or below 400% of the federal poverty level (FPL)). Income-qualifying customers may also be eligible to receive incentives from other EV incentive programs: the Clean Cars for All program (CCFA), Driving Clean Assistance Program (DCAP), and Clean Vehicle Assistance Program (CVAP). The PCE incentive that income-qualifying customers are eligible for will vary based on whether the customer is combining the PCE incentive with one of these EV incentive programs. Participant Dealerships will know if a customer is receiving an incentive from one of the other programs because such programs are also point-of-sale incentives and require customers to be approved prior to purchase and dealerships to be pre-approved by the program. PCE may change the incentive levels described below at its sole discretion and will inform Participant Dealership if criteria are changed. Incentive/Participant Type Battery electric vehicle (XXX) Plug-in hybrid electric vehicle (PHEV) • Base incentive for all • No income eligibility requirements $1,000 $700 • Increased incentive, income at or below 400% FPL • PCE incentive if combined with another EV incentive program $2,000 $1,700 • Increased incentive, income at or below 400% FPL • PCE incentive if not combined with another EV incentive program $4,000 $3,700
Incentive Levels. In the event that a Participant changes positions during the Initial Period or a subsequent fiscal year and the change results in a change in Incentive Level, whether due to promotion or demotion, the Participant's Incentive Level will be prorated to reflect the time spent in each position.
