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GHG quota: How to earn money with your electric car

Written by LITY team | Oct 17, 2023 2:37:00 PM

 

What is the GHG quota in Germany?

The GHG quota, also known as the "greenhouse gas reduction quota," is a financial incentive for owners of electric vehicles in Germany. It is intended to promote the use of energy from renewable sources and thus reduce greenhouse gas emissions.

How does the GHG quota work?

The GHG quota is calculated using the CO2 emission savings of an electric vehicle. The CO2 emission savings are determined by comparing the CO2 emissions of an electric vehicle with the CO2 emissions of a comparable gasoline or diesel vehicle. It is not important that the savings are actually realized. For the comparison, the Ministry of the Environment estimates the electricity consumption of an electric vehicle. These values are reviewed annually by the ministry.

Who is eligible for the GHG quota?

The GHG quota is available to owners of fully electric electric vehicles registered in Germany. However, the vehicle must have been registered after January 1, 2020.

How can I apply for the GHG quota?

To apply for the GHG quota, you will need to contact a service provider that specializes in marketing GHG quotas. The service provider needs proof that you are the owner of the electric vehicle. You can provide this proof by sending a copy of the vehicle registration to the service provider.

Once the service provider has received the proof of ownership, they will apply and market the GHG quota on your behalf.

Get your THG Quote bonus 2023 [advertisement]

Geld für eAuto, Quotlix and MyGreenCashback are three German companies that offer bonuses to owners of electric vehicles who sell their GHG quotas through them.

⚡Geld für eAuto bonuses [as of October 2023]
  • eTaschengeld Express: 65€ bonus paid within 7 days
  • eTaschengeld Risiko: Up to 350€ bonus paid within 2-4 months, depending on the price of GHG quotas

➡️ Apply here

⚡Quotlix bonus [as of October 2023]
  • Up to 340€ bonus: Paid within 4-6 months, depending on the price of GHG quotas

➡️ Apply here

⚡MyGreenCashback bonus [as of October 2023]
  • 80€ bonus: Paid within 4-6 months

➡️ Apply here

Elektrovorteil bonus [as of October 2023]
  • Up to 350€ bonus: Paid within  4-6 months

➡️ Apply here

How to apply for a GHG bonus?

To sell your GHG quota through Money for eAuto or Quotlix, you will need to create an account on their website and provide information about your electric vehicle. Once your account is approved, you can put your GHG quota up for sale.

The service provider will then find a buyer for your GHG quota and negotiate the best price on your behalf. Once a sale is agreed upon, you will receive your bonus payment.

Overview: How to apply for the GHG quota in Germany

To apply for the GHG quota in Germany, you can follow these steps:
  1. Contact a service provider that specializes in marketing GHG quotas.
  2. Provide the service provider with proof of ownership for your electric vehicle.
  3. The service provider will apply and market the GHG quota on your behalf.

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