Electric Vehicles Incentives
The Federal government, State of Vermont, and Vermont electric utilities have a variety of incentive offers for new and used electric vehicles, including all-electric and plug-in hybrid electric vehicle models. Some of these programs require buyers to be prequalified prior to purchasing. Requirements differ by program and utility. Many Vermont car dealers are able to pass through incentives at the time of purchase. See the table under "Partner Offers" for links to program eligibility requirements and additional details.
About this rebate
Offer available to:
- ✓ Residential Properties
- ✓ Businesses
Effective Date: January 1, 2019
Offers subject to change.
State of Vermont EV Incentive Eligibility Details
- Incentive amounts vary by income level and whether the vehicle is an all-electric or plug-in hybrid model. Please refer to the State Incentive Amounts by Vehicle Type and Income Level table at DriveElectricVermont.com to learn more.
- Available on first-come, first-served basis
- State EV incentive funding will not apply retroactively to EV purchases or leases made when funds are exhausted and any new funds are not yet available.
- Must be a Vermont resident
- One incentive per lifetime.
- Not available for commercial or non-profit operations. See Electrify Your Fleet partner offer below for business incentives
- For personal use vehicles only; not available for vehicles intended for resale.
- Incentives are available for plug-in electric vehicles sold/leased as new with a base manufacturer’s suggested retail price (MSRP) of $52,500 or less.
- Leases must be for a term of 24 months or longer.
Utility, Federal, and Other Incentives
- Requirements differ by program and utility. See the table under "Partner Offers" for the link to each program's details.
State of Vermont EV Incentive
- There are two ways to get the State of Vermont EV incentive: either directly at a participating auto dealer or via a customer-direct application. Please visit DriveElectricVermont.com for the steps to redeem your State incentive.
Utility, Federal, and Other Incentives
- Instructions differ by program and utility. See the table under "Partner Offers" for the link to each program's details.
Utility Incentives
Utility | Offer | Details |
---|---|---|
Burlington Electric Department | Up to $3,000 in rebates on electric vehicles. Up to $900 rebate on qualifying residential charger. Up to 75% off Level 2 workplace charging. | Learn more |
Green Mountain Power | Up to $3,200 incentive for electric vehicles. Free Level 2 charging equipment, plus discounted off-peak rates with compatible charging equipment. | Learn more |
Stowe Electric Department | Up to $1,425 incentive for electric vehicles. | Learn more |
Vermont Electric Coop | Up to $1,000 bill credit on electric vehicles. Free Level 2 charging equipment and off-peak charging incentives. | Learn more |
Municipalities served by VPPSA | Up to $1,650 in rebates for electric vehicles. Free charger for residential customers, plus $500 rebate upon connection to off-peak charging program. $500 incentive for public/workplace EV charging installations. | Learn more |
Washington Electric Co-op | Up to $1,200 for new or used electric vehicles. Level 2 charging equipment available at no cost through Powershift program and $500 rebate upon connection. Member responsible for installation costs, including potential electric service upgrade costs. | Learn more |
State, Federal, and Other Incentives
Partner | Offer | Details |
---|---|---|
State of Vermont: New Electric Vehicles | Up to $5,000 incentive | Learn more |
MileageSmart: Used High Efficiency Vehicles | Up to $5,000 off a used all-electric, plug-in hybrid or conventional hybrid for prequalified income-eligible buyers | Learn more |
State of Vermont: Replace Your Ride | Up to $5,000 incentive when you trade in an eligible 10+ year-old gas-powered car. Incentive can be used for a new plug-in electric vehicle or a prepaid card to use for clean mobility alternatives. You may also trade in your gas-powered car for a qualifying used vehicle, in combination with the MileageSmart Used High-Efficiency Vehicle Incentive Program. | Learn more |
State of Vermont: Electrify Your Fleet Program | Businesses and non-profits can receive up to $2,500 available in grants for the purchase or lease of EVs and other electrified options. Applicants may receive up to 20 grants each. | Learn more |
Federal Incentives | Up to $7,500 incentive | Learn more |
Automakers and Dealers | Offers vary by automaker and dealership. Visit automaker and dealership websites for details. |