U.S. Department of Energy | Office of Energy Efficiency and Renewable Energy U.S. Department of Energy Office of Energy Efficiency and Renewable Energy

Vehicle Replacement Grant

The Vermont Agency of Transportation administers the Replace Your Ride Program which provides grants of up to $5,000 to qualified individuals for the retirement and replacement of internal combustion engine vehicles with a new or pre-owned all-electric or plug-in hybrid electric vehicle. Incentives are available in the following amounts:

Tax Filing Status

Applicant Income

Grant Amount

Individual filing as single; or Married filing separately

$60,000 or less

$5,000

$60,001 up to $100,000

$2,500

Individual filing as head of household

$75,000 or less

$5,000

$75,001 up to $125,000

$2,500

Married filing jointly; or Individual filing as qualifying widower

$90,000 or less

$5,000

$90,001 up to $150,000

$2,500

Applicants may receive a maximum of one grant. Grants are available on a first-come, first-served basis. Additional terms and conditions apply. For more information, including application and eligibility requirements, see the Drive Electric Vermont website.

(Reference Act 55, 2021 and Act 62, 2023)

Jurisdiction: Vermont

Type: State Incentives

Enacted: Jun 3, 2021

Amended: Jun 12, 2023

Technologies: EVs, PHEVs

See all Vermont Laws and Incentives.