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Last Updated February 26, 2024

Program Overview

Category:

Financial Incentive

State:

Vermont

Incentive Type:

Rebate Program

Administrator:

State of Vermont Agency of Transportation

Start Date:

11/08/2023

Expiration Date:

N/A

Web Site:

https://vtrans.vermont.gov/planning/climate-change/Electrify-Your-Fleet

Applicable Sectors:

Commercial, Local Government, Nonprofit

Eligible Renewable/Other Technologies:

Zero Emission Vehicles, Plug-in Electric Hybrid Vehicles, Zero Emission Vehicles, Plug-in Electric Hybrid Vehicles

Summary

The Electrify Your Fleet program is open to Vermont municipalities and businesses to accelerate the retirement of internal combustion engine (ICE) vehicles. The incentive amount covers up to $2,500, no more than 25% of the purchase price, for each ICE vehicle that is replaced or avoided.

Fleet owners are eligible for up to 20 incentives over the program's lifespan. Nonprofit mobility services organizations can receive up to 5 incentive amounts of $5,000 in addition to 15 incentives at the aforementioned $2,500 base amount.

For more information please visit the program website by clicking here.