| Program | Vermont Electric Coop - Electric Vehicle Purchase Bill Credit |
|---|---|
| Category | Financial Incentive |
| Implementing sector | Utility |
| Last Update | |
| State | Vermont |
| Administrator | Vermont Electric Cooperative |
| Website | https://vermontelectric.coop/energy-transformation-programs |
| Sectors | Residential |
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 Franklin, and Grande Isle Counties, $115,150 in Addison County, and $108,050 in all other VT Counties. If you qualify for the higher state incentive, you will receive an additional $500 for your VEC incentive. See website for additional details.
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