Plug-In Electric Vehicle (PEV) Incentive

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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 TypeIncentive for $96,122 Household Income or LessIncentive for Lower Income Households
Plug-in Hybrid Electric Vehicle$1,500$4,000
All-Electric Vehicle$2,500$5,000

Lower-income households are defined as those eligible for weatherization services through the U.S. Department of Energy. For more information, including application and eligibility requirements, visit the Drive Electric Vermont website.

(Reference House Bill 529, 2019)