Note: Funding for the Vermont New Plug-in Electric Vehicle (PEV) Incentive Program is exhausted and applications are not being accepted. Future funding is uncertain and will require legislative authorization. Due to state budget cycles, the earliest that funds could become available is mid-2025. Eligibility requirements may change if the program resumes. EVs purchased before then will not be retroactively eligible for a state incentive.
The State of Vermont offers a variety of incentives for purchasers of new plug-in electric vehicles and all-electric vehicles. Incentives are available for plug-in electric vehicles that are sold or leased as new with an MSRP of $50,000 or less. Incentives vary by tax filing status. For more information, visit the program website.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Vermont |
| Incentive Type: | Rebate Program |
| Web Site: | https://www.driveelectricvt.com/incentives/vermont-state-incentives#new |
| Administrator: | The Center for Sustainable Energy (CSE) |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
PHEV: $1,500 to $3,000; varies based on income All-Electric Vehicle: $2,500 to $5,000; varies based on income |
| Maximum Incentive: |
PHEV: $3,000 All-Electric Vehicle: $5,000 |
| Technologies: | Passenger Electric Vehicles |
| Sectors: | Residential |
| Parameters: | The incentive has a maximum of $2500.00, The incentive has a minimum of $5000.00 |
| Technologies: | Plug-in Electric Hybrid Vehicles |
| Sectors: | Residential |
| Parameters: | The incentive has a maximum of $1500.00, The incentive has a minimum of $3000.00 |
| Name: | Center for Sustainable Energy |
| Address: |
VT |
| Phone: | (+18) 888-0704 |
| Email: | vermontPEV@energycenter.org |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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