Vermont Electric Coop - Electric Vehicle Purchase Bill Credit

Program Vermont Electric Coop - Electric Vehicle Purchase Bill Credit
Category Financial Incentive
Implementing sector Utility
Last Update
State Vermont
Administrator Vermont Electric Cooperative
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. Is an electric vehicle right for you? Click here to learn more from Drive Electric Vermont. To get the bill credit, complete and submit this form.

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
  • $100/year - All Electric Vehicle Lease
  • $50/year - Plug-in Hybrid Electric Vehicle Lease

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 $92,000 or less applying for a new EV with a base price of $40,000 or less. If you qualify for the higher state incentive, you will receive an additional $250 for your VEC incentive. Details are here.

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