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Last Updated May 24, 2023

Program Overview

Category:

Financial Incentive

State:

Vermont

Incentive Type:

Rebate Program

Administrator:

Stowe Electric

Start Date:

N/A

Expiration Date:

N/A

Web Site:

https://www.stoweelectric.com/rebates/electric-vehicles

Applicable Sectors:

N/A

Eligible Renewable/Other Technologies:

N/A

Summary

Electric Vehicle Rebate

Stowe Electric is partnering up with the state to provide incentives of up to $4,000 to make electric vehicle purchases and leasing more affordable. An additional incentive of $250 is offered for low-to-moderate income customers. Customers eligible for rebates of $600 or more will be required to submit a W-9 form with the rebate application. 

Purchase/Lease Rebates for New Vehicles

  • $750 - New All-Electric (EV)
  • $750 - New Plug-in Hybrid (PHEV)
  • $300 - Additional Incentive for income-qualifying customers

Purchase Rebates for Pre-Owned Vehicles

  • $300 - Pre-owned All-Electric
  • $300 - Pre-owned Plug-in Hybrid (PHEV)

See the 2023 form for more information

Vermont

The state of Vermont and its utilities provide a multitude of incentives promoting energy efficiency, electric vehicles, efficient HVAC, and more. Visit Efficiency Vermont for more information on programs or Drive Electric Vermont to find out how much you can save purchasing an EV.