A A

CHARLOTTETOWN, P.E.I. - The provincial government announced Thursday that the cost to register a vehicle will drop 20 per cent as of April 1.

It was one of many initiatives announced as government commits to returning all revenue from the carbon levy on gas and diesel directly back to Islanders.

New incentives also include reduced transit fees.

As of Jan. 1, the province will provide an annual grant to T3 Transit to reduce monthly passes, tickets and coin fares by 10 per cent.

As of Jan. 1, Islanders will receive new and renewed driver’s licenses for free. In addition, license renewals will be required every five years instead of every three.

As of Jan. 1, electric vehicles and plug-in hybrid vehicles will be registered at no charge.

Also as of Jan. 1, non-plug in hybrid vehicle owners will pay 50 per cent less to register their vehicles.