Stowe Electric - Electric Vehicle Purchase Rebate
Administered by Stowe Electric
As a Stowe Electric customer, you can receive a rebate of $500–$700 for a new all-electric vehicle (depending on price), $500 for a new plug-in hybrid, or $350–$500 for used EVs and PHEVs when you purchase between January 1, 2022 and December 31, 2025. If you qualify as income-eligible, you receive an additional $1,250 on top of the base rebate. To apply, download the rebate form from Stowe Electric's website, complete it after your purchase, and submit it to receive your incentive.
Stowe Electric's EV rebate program applies to your customers who are utility account holders and purchase qualifying new or used all-electric or plug-in hybrid vehicles during the program period (through December 31, 2025). You can help customers understand they may stack this rebate with federal tax credits (up to $7,500), state programs like Replace Your Ride ($3,000 for scrapping an old vehicle), and MileageSmart (up to $5,000 for low/moderate income used vehicle buyers), making the total incentive package substantial. Ensure customers complete the rebate application after purchase and submit it directly to Stowe Electric.
This rebate program targets Stowe Electric's residential and commercial customers across all utility types, with enhanced support for low-income applicants through an additional $1,250 incentive tier. Base rebates range from $350 to $700 depending on vehicle type and price; the program runs through December 31, 2025 and requires post-purchase application submission. The program complements state initiatives (Replace Your Ride, MileageSmart, Drive Electric Vermont) and federal tax credits, creating a coordinated incentive stack designed to reduce transportation emissions across Vermont's customer base.
Program details
- Program ID
- 22340
- Last updated
- 11/20/2025
Eligibility
- Sectors
- commercial investor-owned utility municipal utilities residential cooperative utilities low income residential
- Technologies
- plug-in electric hybrid vehicles neighborhood electric vehicles
Program summary
This rebate is for the purchase of a qualifying new or used all-electric or plug-in hybrid electric vehicle for those Stowe Electric customers that purchase a qualifying vehicle from January 1, 202 through December 31, 2025.
New EV: For a MSRP of $0-$39,999 the incentive amount is $700 and for MSRP $40,000+ the incentive amount is $500. There is an additional $1,250 for income eligible applicants.
New PHEV: $500 incentive amount and $1,250 for income eligible applicants.
Used EV: $500 incentive amount and $1,250 for income eligible applicants.
Used PHEV: $350 incentive amount and $1,250 for income eligible applicants.
Contact & resources
- Contact email
- stowe_electric@stoweelectric.com
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.