Vermont New Electric Vehicle Incentive Program

February 26, 2024

Summary

Note: Those replacing a flood-damaged vehicle by the end of the year may receive an additional $1,000 bonus incentive until February 29, 2024.

The State of Vermont offers a variety of incentives for purchasers of new plug-in electric vehicles and all-electric vehicles. Incentives are available for plug-in electric vehicles that are sold or leased as new with an MSRP of $50,000 or less. Incentives vary by tax filing status. For more information, visit the program website.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Vermont
Incentive Type: Rebate Program
Web Site: https://www.driveelectricvt.com/incentives/vermont-state-incentives#new
Administrator: The Center for Sustainable Energy (CSE)
Start Date:
Eligible Renewable/Other Technologies:
  • Passenger Electric Vehicles
  • Plug-in Electric Hybrid Vehicles
Incentive Amount: PHEV: $1,500 to $3,000; varies based on income
All-Electric Vehicle: $2,500 to $5,000; varies based on income
Maximum Incentive: PHEV: $3,000
All-Electric Vehicle: $5,000

Incentives

This program has 2 incentives
Technologies: Passenger Electric Vehicles
Sectors: Residential
Parameters: The incentive has a maximum of $2500.00, The incentive has a minimum of $5000.00
Technologies: Plug-in Electric Hybrid Vehicles
Sectors: Residential
Parameters: The incentive has a maximum of $1500.00, The incentive has a minimum of $3000.00

Contact

Name: Center for Sustainable Energy
Address:
VT
Phone: (+18) 888-0704
Email: vermontPEV@energycenter.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.