Plug-In Electric Vehicle (PEV) Incentive
The Vermont Agency of Transportation provides financial incentives to low- and moderate-income residents for the purchase or lease of a new PEV on a first-come, first-served basis. Incentives are available according to the following schedule:
| Vehicle Type | Incentive for $96,122 Household Income or Less | Incentive for Lower Income Households |
|---|---|---|
| Plug-in Hybrid Electric Vehicle | $1,500 | $4,000 |
| All-Electric Vehicle | $2,500 | $5,000 |
For more information, including application and eligibility requirements, visit the Drive Electric Vermont website.
(Reference House Bill 529, 2019)