Vermont New Electric Vehicle Incentive Program

Vermont's new EV incentive program is currently closed due to exhausted funding, with applications not being accepted. If the program resumes with future legislative funding—potentially available mid-2025 at the earliest—you may qualify for a rebate on a new or leased plug-in electric or all-electric vehicle with an MSRP of $50,000 or less, with incentive amounts varying based on your tax filing status.

The Vermont New PEV Incentive Program is currently inactive due to funding exhaustion and will require legislative reauthorization to resume operations. When active, the program offered rebates for qualifying plug-in and all-electric vehicles priced at $50,000 or below, with incentive levels tied to customer tax filing status; contractors should monitor for program restart announcements and ensure customer vehicles meet MSRP eligibility before purchase.

The Vermont New Plug-in Electric Vehicle Incentive Program is currently non-operational with exhausted funding; legislative action is required for future appropriation, with the earliest potential funding availability in mid-2025 subject to state budget cycles. The program previously targeted residential new vehicle purchases (plug-in hybrids and all-electric vehicles) with MSRP caps at $50,000 and incentives structured by tax filer status; eligibility rules may change upon program resumption, and vehicles purchased during the current funding gap will not receive retroactive incentives.