Residential

Vermont Electric Coop - Electric Vehicle Purchase Bill Credit

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. 

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

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 $125,550 or less in Chittenden

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Vermont Electric Coop - EV Charging Station Bill Credit

Vermont Electric Coop 

VEC is offering a $250 bill credit for the purchase of a home Level II electric vehicle charger. VEC also offers a $500 bill credit per connection ($500 for a 1-head charger, $1,000 for a 2-head charger) with a $2,000 maximum per member for public charging stations. These incentives are designed to help members purchase and install a Level II charger and avoid charging at times when electricity costs are highest.

Level II Elective Vehicle Charge Stations

Level 2 charging uses 240 volt power to enable faster regeneration of an EV’s battery system. Providing this type of

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Stowe Electric - Electric Vehicle Purchase Rebate

This rebate is for the purchase of a qualifying new or used all-electric or plug-in hybrid electric vehicle for those Stowe Electric customers that purchase a qualifying vehicle from January 1, 202 through December 31, 2025.

New EV: For a MSRP of $0-$39,999 the incentive amount is $700 and for MSRP $40,000+ the incentive amount is $500. There is an additional $1,250 for income eligible applicants.

New PHEV: $500 incentive amount and $1,250 for income eligible applicants.

Used EV: $500 incentive amount and $1,250 for income eligible applicants.

Used PHEV: $350 incentive amount and $1,250 for income eligible applicants.

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Indiana Michigan Power - EV Incentive

Indiana Michigan Power offers incentives to residential, small commercial and commercial/industrial/multifamily customers to install electric vehicle charging stations. Basic descriptions of these incentives can be found below.

Residential

$500 for joining the program. I&M’s incentive helps offset the cost to set up or retrofit your current charger configuration to measure off peak PEV charging. PEV charging from 11:00 pm to 6:00 am daily will be discounted 50% from our standard residential per kWh rate.

Small Commercial

Existing small-commercial customers who average less than 4,500 kWh per month are eligible for a $500 incentive and a discounted off-peak rate up to

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DTE Energy (Electric) - Charging Forward Program

Residential Customers of DTE Energy (Electric) are eligible for a rebate for the installation of a qualified Level 2 charger. Applicants must have purchased or leased a new or used plug-in electric vehicle in a period no less than 24 months. Have purchased and installed a new Level 2 EVSE after January 1st, 2025. Applicant must apply within 6 months of installation of EVSE. 

To meet the rebate income eligibility requirement the household income must be under 200% of the most recent HHS poverty guidelines. 

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NextZero EV Charger Program

The Massachusetts Municipal Wholesale Electric Company offers an incentive program for level 2 all-electric and plug-in hybrid electric vehicle chargers, via the NextZero program. This incentive is offered through multiple utilities. 

Customers from the following municipal utilities are eligible for a $200-$300 incentive for plug-in hybrid electric vehicles: Hull, Marblehead, Princeton, Sterling, Wakefield, and West Boylston customers

Customers from the following municipal utilities are eligible to receive up to $700 for a level 2 charger for all-electric vehicles: Hingham (up to $600), Hull, Marblehead, Princeton, Shrewsbury (50% of the cost, up to $350), Sterling, Templeton (up to $400), Wakefield (up

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Eversource - EV home Charger Demand Response Program

By enrolling their home electric vehicle (EV) chargers in Eversource's ConnectedSolutions demand response program, residential customers are eligible to receive a rebate of up to $300. This rebate is for customers who sign up with a three-year commitment. For more information, visit the program website.

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