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- For consumer-direct rebates, the purchaser or lessee has two months to submit a rebate application after the date of purchase/lease to be eligible for a rebate. For Dealer Point-of-Sale rebates, a dealership should submit a rebate application during the purchase/lease with the consumer, or within 15-days of sale/lease. Both the consumer-direct application and Dealer Point-of-Sale application should be submitted through the online Application Portal.
- The program incentives are available to Vermont residents only - a current Vermont driver’s license is required as proof of residency.
- The vehicle must be registered within the State of Vermont.
- Incentive eligibility includes income requirements based on your adjusted gross income (AGI) reported in your most recent tax return and your tax filing status (e.g. single, married filing jointly, etc). See the table below for details.
- Lower income filers are eligible for higher incentives.
- There is a limit of one incentive per individual per lifetime.
- This incentive program does not extend to commercial or non-profit organizations. They may qualify for incentives through the Electrify Your Fleet program.
- For personal use vehicles only; not available for vehicles intended for resale.
- State Incentives are only available on new vehicle purchase or leases of eligible plug-in electric vehicle models (all-electric or plug-in hybrid) with a base MSRP of $52,500 or less and electric range of at least 30 miles. Vehicle MSRP exemptions are available for individuals with disabilities that require special registration plates or placards as defined in 23 V.S.A §304a.
- Leases must be for a term of 24 months or longer.
| Tax Filing Status | Adjusted Gross Income (AGI) Limits for Enhanced and Standard Incentives | State Incentive Amount | |
|---|---|---|---|
| Plug-in Hybrid Electric Vehicle | All-Electric Vehicle | ||
| Individual filing as single | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
| Individual filing as head of household | $75,000 or less | $3,000 | $5,000 |
| $75,001 up to $125,000 | $1,500 | $2,500 | |
| Individual filing as qualifying widower/surviving spouse | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing jointly | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing separately | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
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| Tax Filing Status | Adjusted Gross Income (AGI) Limits for Enhanced and Standard Incentives | State Incentive Amount | |
|---|---|---|---|
| Plug-in Hybrid Electric Vehicle | All-Electric Vehicle | ||
| Individual filing as single | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
| Individual filing as head of household | $75,000 or less | $3,000 | $5,000 |
| $75,001 up to $125,000 | $1,500 | $2,500 | |
| Individual filing as qualifying widower/surviving spouse | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing jointly | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing separately | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
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We’re excited to share stories from residential and business customers who have embraced electric vehicles, offering a personal look at how they’re making a difference in daily life and the broader community.
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PLEASE NOTE: Incentives can be combined per purchase, and availability can change based on funding.
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Technology Type L1 (Tech Type L2)New Electric Vehicle Incentive
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Tax Credit Value$2,500 - $5,000 -
Technology Type L1 (Tech Type L2)
New Electric Vehicle Incentive
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Tax Credit Value$2,500 - $5,000 -
Technology Type L1 (Tech Type L2)
Car Model Name
Specifications
- Electric Range:
- XXX
- Total Range:
- XXX
- Battery Size:
- XX kWh
- Drive:
- Optional All Wheel Drive
- Seats:
- X
- Cargo:
- XX ft3
Estimated Cost
- MSRP:
- $XX,XXX
- Federal Tax Credit Amount:
- $XX,XXX
- Monthly Lease:
- $XXX
- Lease Down Payment:
- $X,XXX
-
Technology Type L1 (Tech Type L2)
Car Model Name
Specifications
- Electric Range:
- XXX
- Total Range:
- XXX
- Battery Size:
- XX kWh
- Drive:
- Optional All Wheel Drive
- Seats:
- X
- Cargo:
- XX ft3
Estimated Cost
- MSRP:
- $XX,XXX
- Federal Tax Credit Amount:
- $XX,XXX
- Monthly Lease:
- $XXX
- Lease Down Payment:
- $X,XXX
-
Dealer Name
- Car Brands
- Audi
- Volkswagen
- Contact Info
- (802) 555-1212
- Website
- Email Us
- Participating Programs
- Contact dealer for Federal incentive details
- VT Incentive
- Replace-Your-Ride
-
Dealer Name
- Car Brands
- Audi
- Volkswagen
- Contact Info
- (802) 555-1212
- Website
- Email Us
- Participating Programs
- Contact dealer for Federal incentive details
- VT Incentive
- Replace-Your-Ride
Name of Incentive Goes Here
- Availability
- June 1, 2024 to May 31, 2025
- Technology
- All-Electric Vehicles (New)
- Customer
- Residential
- Customer Eligibility
- Available to All
- Tax Credit Value
- $2,500 - $5,000
Overview
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Eligibility
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| Tax Filing Status | Adjusted Gross Income (AGI) Limits for Enhanced and Standard Incentives | State Incentive Amount | |
|---|---|---|---|
| Plug-in Hybrid Electric Vehicle | All-Electric Vehicle | ||
| Individual filing as single | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
| Individual filing as head of household | $75,000 or less | $3,000 | $5,000 |
| $75,001 up to $125,000 | $1,500 | $2,500 | |
| Individual filing as qualifying widower/surviving spouse | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing jointly | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing separately | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
How to Redeem
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Financing
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Participating Businesses
-
Business Name
-
Business Name
-
Business Name
-
Business Name
-
Business Name
-
Business Name
-
Business Name
-
Business Name
Color Options
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-
Blog Article Name Goes Here
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-
Blog Article Name Goes Here
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Blog Article Name Goes Here
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| Tax Filing Status | Adjusted Gross Income (AGI) Limits for Enhanced and Standard Incentives | State Incentive Amount | |
|---|---|---|---|
| Plug-in Hybrid Electric Vehicle | All-Electric Vehicle | ||
| Individual filing as single | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
| Individual filing as head of household | $75,000 or less | $3,000 | $5,000 |
| $75,001 up to $125,000 | $1,500 | $2,500 | |
| Individual filing as qualifying widower/surviving spouse | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing jointly | $90,000 or less | $3,000 | $5,000 |
| $90,001 up to $150,000 | $1,500 | $2,500 | |
| Married filing separately | $60,000 or less | $3,000 | $5,000 |
| $60,001 up to $100,000 | $1,500 | $2,500 | |
Copy Blocks Should Only Span 8 Columns on XL Screens
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Header 2
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Header 2
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Header 2
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Header 3
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Header 4
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