Electric Vehicle Rebates

Electric Vehicle Rebates

It can be hard to keep up with all of the new rebates and incentives for electric cars. We’ve compiled this easy-to-use guide to help you take advantage of everything available to you. Each rebate has its own details so please read below carefully. Let us know if you have any questions.

Learn more about Electric Vehicles.

Not a Burlington Electric Department customer? Visit Drive Electric Vermont for rebate information.

Vermont Dealerships

Auto manufacturers and Vermont dealerships offer special deals on electric cars from time to time. Check out Drive Electric Vermont’s Rebate page for the latest offers and information. 

Federal IRS Refund (Up to $7,500)

Details: The federal government is offering a refund on your taxes of up to $7,500. This is a refund; not simply a deduction. In other words, if you’ve paid at least that much in federal taxes in the year you purchase the EV, you may be able to to get up to $7,500 back. 

The terms of this rebate are subject to change so visit irs.gov for the latest details: 

This page is not tax advice. Please consult a tax professional to see if you can claim the federal tax incentive.

Action: Claim this rebate on your annual tax form.

State of Vermont EV Incentives

ALERT: Funding for the State of Vermont’s incentive programs is fully reserved. Applications with a date of purchase or lease of 10/8 or later will not be accepted and applications must be submitted for processing by 10/22/2024. Details at drivelectric.com

Burlington Electric Department (Up to $3,000)

New & Lease: We are offering Burlington customers a $2,300 rebate on the purchase or lease of a new electric vehicle (EV) or $2,000 toward a plug-in hybrid vehicle (PHEV). An additional $700 is available for moderate income customers* buying an EV ($300 for PHEV). See rebate form for details.

Pre-owned: We are offering all Burlington customers an $1,300 rebate on the purchase of a used/pre-owned electric vehicle (EV) or plug-in hybrid vehicle (PHEV). An additional $200 is available for moderate income customers*.

Electric Vehicle (New)Electric Vehicle (New)

Electric Vehicle (Pre-Owned)Electric Vehicle (Pre-Owned)

 

New Rebate Programs for High-Mileage EV Drivers

Burlington Electric Department is offering a new incentive programs for high-mileage BED customers who are ready to switch to an all-electric vehicle. These programs will support:

  • Longer distance commuters
  • Ride hailing service drivers (taxis, Uber, Lyft)
  • Food delivery drivers

Learn More

 

EV Chargers (Up to $900)

When you purchase a new or pre-owned all-electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV), you are eligible for a rebate on the vehicle and a rebate on a qualifying home charger. You will also be eligible for 45% savings on the energy you need to charge your EV when you join the Residential EV Rate!

EV ChargerEV Charger

Electric Motorcycles

BED is now offering a rebate for electric motorcycles. 

Electric MotorcycleElectric Motorcycle