Vermont Electric Coop - Electric Vehicle Purchase Bill Credit

Vermont Electric Cooperative members who purchase or lease a new or used all-electric vehicle receive a $500 bill credit, while plug-in hybrid electric vehicle buyers receive $250. If your household income falls below county-specific thresholds (ranging from $62,550 to $128,800 depending on family size and location), you qualify for an additional $500 credit. Complete the online form on VEC's website to claim your incentive.

Contractors can inform customers that VEC's EV purchase incentive applies to both new and used vehicles and both purchases and leases, expanding the customer base eligible for credits. You should advise customers to verify their income eligibility using VEC's county-specific thresholds, as qualifying households receive double the standard incentive amount, and direct them to submit the online application form to VEC.

VEC administers one-time bill credits for EV purchases ($500 for AEVs, $250 for PHEVs) funded through the utility's Energy Transformation Program, with an additional $500 available to income-qualified households using county-specific AMI-based thresholds established in the official program documentation. The program targets residential members across VEC's service territory in Vermont and processes applications through an online form; no cap or funding limit is specified in available materials.