Electric Vehicle Charging Station Loan Program

May 22, 2024

Summary

The Electric Vehicle Charging Station Loan Program is operated by the Vermont Economic Development Authority working in conjunction with the Federal Highway Administration and the Vermont Agency of Transportation. Electric vehicle charging stations as well as natural gas refueling stations that are available for public use are eligible to receive funding. There is a 2% commitment fee associated with this program. Visit the program website for more information.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Vermont
Incentive Type: Loan Program
Web Site: https://www.veda.org/financing-options/vermont-commercial-financing/electric-vehicle-charging-station-loan-program/
Administrator: Vermont Economic Development Authority
Start Date:
Eligible Renewable/Other Technologies:
  • Level-2 Electric Vehicle Service Equipment
  • Direct Current Fast Charging Equipment
Maximum Loan: $100,000
Loan Term: Dependent on useful life of asset
Interest Rate: 1% Fixed

Incentives

This program has 1 incentives
Technologies: Level-2 Electric Vehicle Service Equipment, Direct Current Fast Charging Equipment
Sectors: Commercial, Local Government, Nonprofit
Parameters: The incentive has a minimum of $100000.00

Contact

Name: Vermont Economic Development Authority
Organization: Vermont Economic Development Authority
Address:
VT
Phone: (802) 828-5627
Email: info@veda.org

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.