Federal Tax Credits Extended for EV in Vermont
Electric Vehicle Supply Equipment (EVSE) Grants
State EV Charging Incentive
The Vermont Department of Housing and Community Development (DHCD) provides funding to governments, businesses, non-profit organizations, homeowner associations, electric utilities, and EVSE providers for the cost and installation of eligible EVSE. Funding is available for up to 60% of project costs, with a maximum of $150,000 per project site. This grant program is funded by Vermont’s portion of the Volkswagen Environmental Mitigation Trust. For details, including application requirements, visit the DHCD EVSE Grant Program website.
Alternative Fueling Infrastructure Incentive
State EV Charging Incentive
The Vermont State Infrastructure Bank (SIB) offers loan assistance to municipalities, regional development corporations, political subdivisions of the state, and private companies working for the state to finance public electric vehicle charging and natural gas fueling stations. 1% fixed loans are available to municipalities and 3% fixed loans are available to private sector borrowers. Other terms and conditions may apply. Visit the Vermont Economic Development Authority’s SIB page for details, including how to apply.
Electric Vehicle Supply Equipment (EVSE) Rebate – Burlington Electric Department (BED)
Utility/Private EV Charging Incentive
BED provides rebates of $400 toward installation of a qualifying WiFi enabled EVSE for customers that enroll in BED’s Residential EV Rate. Eligible applicants must have purchased or leased an all-electric vehicle (EV) after January 22, 2019, and have purchased qualifying EVSE within 60 days of the acquisition of the EV. For details please visit the BED EV Rate website.
Electric Vehicle Supply Equipment (EVSE) Incentives – Green Mountain Power
Utility/Private EV Charging Incentive
GMP residential customers are eligible for a free Level 2 EVSE when they purchase a new all-electric vehicle (EV). Residential customers that already own an EV may rent a Level 2 EVSE station at a low monthly fee. In addition, customers may enroll in GMP’s EV Unlimited Plan for unlimited EV charging during off-peak hours at a flat monthly fee. For more information about these incentives, see GMP’s In-Home Level 2 EV Charger website.
Electric Vehicle Supply Equipment (EVSE) Credits – Vermont Electric Co-op (VEC)
Utility/Private EV Charging Incentive
VEC offers a bill credit of $500 per connector, up to $2,000, to VEC member businesses and public entities that install Level 2 or DC fast EVSE between July 2, 2017 and December 31, 2019. To qualify, EVSE must be available for public use. Bill credits are available for up to 30 connectors total.
VEC also offers residential customers a $250 bill credit for the purchase of a Level 2 EVSE. Members with eligible chargers may receive an additional $50 incentive for participating. For details and how to apply, visit the VEC Energy Transformation Program website.
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