Vermont Electric Vehicle & Hybrid Incentives
Vermont offers various incentives for purchasing Electric Vehicles (EVs) and Hybrids. These incentives include tax credits, rebates, and exemptions. These benefits are intended to encourage people to switch to more environmentally friendly vehicles and reduce their carbon footprint. There are a variety of factors that can help determine which incentives you may qualify for.
In addition to the range of state and federal incentives, Vermont also offers utility and private incentives. These incentives are offered by different electric departments and companies that can add extra savings to your purchase.
Electric Vehicle (EV) Incentive.
The Vermont Agency of Transportation provides financial incentives to low- and moderate-income residents for the purchase or lease of a new EV with a base manufacturer’s suggested retail price of $40,000 or less, on a first-come, first-served basis. Incentives are offered in the following amounts:
| Tax Filing Status | Adjusted Gross Income (AGI) Limits for Enhanced and Standard Incentives | Plug-in Hybrid Electric Vehicle (State Incentive ) | All-Electric Vehicle (State Incentive ) |
| Individual filing as single or head of household; or Married filing separately | $50,000 or less | $3,000 | $4,000 |
| $50,001 up to $100,000 | $1,500 | $2,500 | |
| Married filing jointly; or Individual filing as qualifying widower | $75,000 or less | $3,000 | $4,000 |
| $75,001 up to $125,000 | $1,500 | $2,500 |
Incentives are limited to one per individual or married couple.
Fuel-Efficient Vehicle and Emission Reduction Incentives.
The Vermont Agency of Transportation (VTrans) administers the High Fuel Efficiency Used-Vehicle Program, MileageSmart, which provides incentives of up to $5,000 to replace eligible vehicles with a pre-owned vehicle that has a U.S. Environmental Protection Agency (EPA) combined city/highway fuel economy of at least 40 miles per gallon (mpg).
VTrans also offers vouchers of up to $2,500 for the repair of vehicles that failed the on-board diagnostic (OBD) systems inspection. Eligible vehicles for replacement include those that have failed the OBD systems inspection or those that are more than 15 years old and have an EPA combined city/highway fuel economy of less than 25 mpg.
Electric Vehicle (EV) Fleet Grant Program.
The Vermont Agency of Transportation will administer the Electrify Your Fleet Program (Program), which will provide up to $2,500 for the purchase or lease of EVs, including electric motorcycles. Applicants may receive up to 20 grants each. Eligible applicants include local and state governments, businesses, and non-profit organizations. Grants will be awarded on a first-come, first served basis. Additional terms and conditions apply.
Electric Vehicle (EV) Incentives - Burlington Electric Department (BED).
BED provides low- or no-interest loans for the purchase of a new EV. Eligible customers can also apply for a rebate of $2,300 towards the purchase of a new all-electric vehicle (EV) or $2,000 towards the purchase of a plug-in hybrid electric vehicle (PHEV). An additional $600 is available for moderate income customers buying an EV or $300 for a PHEV. Vehicles must have a manufacturer’s suggested retail price that is less than or equal to $60,000.
Electric Vehicle (EV) Time-Of-Use (TOU) Rate and EV Charging Rebate - BED.
Burlington Electric Department (BED) offers a TOU rate to residential customers who own an EV. To qualify, customers must install a WiFi enabled EV charging station. BED also offers a rebate of up to $900 for the purchase and installation of a qualifying Wifi enabled EV charging station for customers that have enrolled in BED’s Residential EV Rate. Eligible applicants must have purchased an EV charging station within 60 days of the acquisition of the EV.
Pre-Owned Electric Vehicle (EV) Incentives – Burlington Electric Department (BED).
BED offers customers low- or no-interest loans for the purchase of a pre-owned EV. Eligible customers may also apply for a rebate of $1,300 rebate for the purchase of a pre-owned EV or plug-in hybrid electric vehicle (PHEV), with an additional $200 available for moderate income customers. Eligible vehicles must have a manufacturer’s suggested retail price less than or equal to $60,000. Additional terms and conditions apply. For more information, including income eligibility.
Residential Electric Vehicle (EV) Charging Station Incentive - Green Mountain Power (GMP).
GMP residential customers are eligible for a free Level 2 EV charging station when they purchase a new or pre-owned plug-in electric vehicle.
Electric Vehicle (EV) Rebate - Stowe Electric.
Stowe Electric offers customers rebates for the purchase or lease of EVs. New plug-in hybrid electric vehicles (PHEVs) are eligible for a $750 rebate, new all-electric vehicles are eligible for a rebate up to $1,000, and income-qualifying customers are eligible for an additional $250 rebate for either vehicle. Stowe Electric also offers a $300 rebate for the purchase of pre-owned EVs and PHEVs.
Plug-In Electric Vehicle Credit - Vermont Electric Co-op (VEC).
VEC offers a $250 bill credit to members who purchase a new or pre-owned plug-in hybrid electric vehicle (PHEV) and a $500 bill credit to members who purchase a new or pre-owned all-electric vehicle (EV). Members who lease a PHEV are eligible for an annual bill credit of $50 for each year of the lease, and members who lease an EV are eligible for an annual bill credit of $100 for each year of the lease.
Electric Vehicle (EV) Charging Station Credits - Vermont Electric Co-op (VEC).
VEC offers a bill credit of $500 per connector, up to $1,000, to VEC member businesses and public entities that install Level 2 EV charging stations or direct current fast charging (DCFC) stations after July 1, 2017. To qualify, the EV charging stations must be available for public use. VEC also offers residential customers a $250 bill credit for the purchase of a Level 2 EV charging station. Members with eligible chargers may receive an additional upfront $50 incentive and an $8 monthly incentive for participating.
Plug-in Electric Vehicle and Off-Road Equipment Rebates - VPPSA.
Vermont Public Power Supply Authority (VPPSA) member customers are eligible for rebates of up to $1,000 on the purchase of a new all-electric vehicle (EV), and up to $500 on the purchase of a new plug-in hybrid electric vehicle (PHEV). VPPSA also offers rebates of $500 for the purchase of a pre-owned EV and $250 for the purchase of a pre-owned PHEV. Low-income customers may receive an additional $400 rebate for a new EV or PHEV.
Electric Vehicle (EV) Charging Station Incentive - Vermont Public Power Supply Authority (VPPSA).
VPPSA offers member customers a $500 rebate for the purchase of a Level 2 EV charging station. To qualify, the EV charging station must be installed for workplace or public use. For more information about these incentives, see the VPPSA Electric Vehicle Charging Station website.
Contact or Visit Berlin City Kia of Vermont Today.
Whether you’re looking for an EV, Hybrid, PHEV, or something else, Berlin City Kia of Vermont’s sales and finance team are ready to help you secure all the available tax incentives and rebates available to you! Visit our Williston, VT Kia dealer today to learn more and for a test drive!
Let's get moving.
Fill out the form below and one of our team members will get back to you right away to set up a test drive.