Plug-In Electric Vehicle (PEV) Financing and Charging - Illinois Electric Cooperative

Archived: 05/14/2021

Illinois Electric Cooperative (Co-op) members are eligible for loan financing at 0.5% for 60 months for the purchase of new PEVs. Members must apply and be approved for financing before purchase. The Co-op also offers a PEV time-of-use electricity rate for residential customers who own a PEV. The PEV rate is optional and requires installation of a separate meter. For more information, see the Illinois Electric Cooperative website.

Jurisdiction: Illinois

Type: Utility / Private Incentives

Technologies: EVs, PHEVs

See all Illinois Laws and Incentives.