State Funding, Tax Credits, & Rebates: Vermont

VTrans has worked with Vermont’s electric distribution utilities and with VEIC, which runs Drive Electric Vermont, to administer this incentive program for new PEVs. Incentives are for individuals with an annual household income less than about $92,000 and apply to purchases or leases of new PEVs with a base price of $40,000 or less. The incentive amounts are $1,500 for plug-in hybrid electric vehicles and $2,500 for all-electric vehicles.

Washington Electric Coop is offering an incentive of $1,900 towards the purchase or lease of a battery electric vehicle or $950 towards a plug-in hybrid.

Vermont Electric Coop is offering bill credits up to $500 one time for the purchase, or up to $100/year for the lease of an EV.

Stowe Electric Department is offering customers an $850 incentive for the purchase of a new all-electric vehicle or $450 for a plug-in hybrid vehicle. Income qualifying customers will also be eligible for an additional $250 incentive.

Plug-In Electric Vehicle Rebate - Burlington Electric Department (BED)
BED customers are eligible for a $1,200 rebate on the purchase or lease of a new qualifying all-electric vehicle (EV). Qualifying plug-in hybrid electric vehicles (PHEVs) are eligible for a $1,000 rebate. Moderate income customers are eligible for an additional $600 rebate for an EV or an additional $500 rebate for a PHEV. Vehicles must have a manufacturer's suggested retail price (MSRP) of less than $50,000 and be registered in Burlington, VT. Rebates are available through December 31, 2019. For more information, including how to apply, see the BED Electric Vehicles website.

Electric Vehicle Supply Equipment (EVSE) Incentives - Green Mountain Power (GMP)
GMP residential customers are eligible for a free Level 2 EVSE when they purchase a new all-electric vehicle (EV). Residential customers that already own an EV may rent a Level 2 EVSE station at a low monthly fee. In addition, customers may enroll in GMP's EV Unlimited Plan for unlimited EV charging during off-peak hours at a flat monthly fee. For more information about these incentives, see GMP's In-Home Level 2 EV Charger website.

Plug-In Electric Vehicle (PEV) Charging Rate Reduction and EVSE Rebate - BED
Burlington Electric Department (BED) offers a per kilowatt-hour discount for residential customers to charge PEVs during off-peak times. To qualify, customers must install a WiFi enabled electric vehicle supply equipment (EVSE).

BED also offers a rebate of $400 for the purchase and installation of a qualifying Wifi enabled EVSE for customers that have enrolled in BED’s Residential EV Rate. Eligible applicants must have purchased EVSE within 60 days of the acquisition of the EV. For more information, see the BED EV Rate website.