Vermont Electric Coop - Electric Vehicle Purchase Bill Credit

July 03, 2023

Summary

Vermont Electric Cooperative Electric Vehicle Bill Credit

Both All Electric Vehicles (AEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) offer opportunities to reduce carbon emissions, and the technology continues to improve with better range and cold-weather performance. Is an electric vehicle right for you? Click here to learn more from Drive Electric Vermont. To get the bill credit, complete and submit this form.

VEC offers the following bill credits for the purchase or lease of new or used AEVs or PHEVs:

$500 - All Electric Vehicle Purchase
$250 - Plug-in Hybrid Electric Vehicle Purchase
$100/year - All Electric Vehicle Lease
$50/year - Plug-in Hybrid Electric Vehicle Lease

The State of Vermont is also offering an incentive for the purchase of AEVs and PHEVs. The incentives are available to individuals with an annual household income of $92,700 or less in Chittenden Franklin, and Grande Isle Counties, $80,900 in Addison County, and $80,200 in all other VT Counties. If you qualify for the higher state incentive, you will receive an additional $250 for your VEC incentive. Details are here.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Vermont
Incentive Type:	Rebate Program
Web Site:	https://vermontelectric.coop/energy-transformation-programs
Administrator:	Vermont Electric Cooperative
Start Date:
Eligible Renewable/Other Technologies:	Passenger Electric Vehicles Plug-in Electric Hybrid Vehicles
Incentive Amount:	AEV Purchase: $500 PHEV Purchase: $250 AEV Purchase: $100/year PHEV Lease: $50/year

Incentives

This program has 2 incentives

Technologies:	Passenger Electric Vehicles
Sectors:	Commercial, Residential, Cooperative Utilities
Parameters:	The incentive has a minimum of $500.00

Technologies:	Plug-in Electric Hybrid Vehicles
Sectors:	Commercial, Residential, Cooperative Utilities
Parameters:	The incentive has a minimum of $250.00

Contact

Name:	Vermont Electric Cooperative Utility
Organization:	Vermont Electric Cooperative
Address:	42 Wescom Road Johnson VT 05656-9579
Phone:	(800) 832-2667
Email:	support@vermontelectric.coop

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.