Vermont Electric Vehicle Tax Credits, Rebates, and Incentives

Did you know Vermont has more EV charging stations per person than any other state?

With a strong charging network and plenty of rebate programs to help cut costs, Vermont is leading the way in EV adoption.

This guide breaks down all the EV incentives available in Vermont to see how much you can save by making the switch.

Vermont EV Rebate Programs

Vermont has offered multiple funding opportunities over the past year, many of which have already been fully claimed. However, you can still take advantage of the Electrify Your Fleet Vermont EV rebate, along with available federal incentives.

Electrify Your Fleet

This Vermont EV rebate program supports businesses, municipalities, and non-profits looking to electrify their fleets. This program helps you to claim up to 20 incentives to replace internal combustion engine (ICE) vehicles with electric alternatives.

While the program is a great opportunity to save on EVs and plug-in hybrid electric vehicles (PHEVs), you can also apply this cash rebate toward electric bikes, electric motorcycles, and more.

For businesses, each fleet vehicle you replace is eligible for a rebate of up to $2,500, not to exceed 25% of the purchase price. Non-profits can claim five $5,000 incentives and up to 15 $2,500 incentives.

Federal EV Tax Credits

Buying or leasing a qualifying EV makes you eligible for a nonrefundable federal tax credit of up to $7,500. To get this full amount, you’ll need to meet some income requirements – and pick an EV make and model with some credits left to claim.

You can also get a federal tax credit of up to $1,000 if you upgrade your home with a Level 2 charger.

As a business owner, you may be eligible for commercial versions of these credits to help support your electrification efforts and reduce implementation costs.

Utility EV Rebates in Vermont

Several Vermont utilities, including members of the Vermont Public Power Supply Authority (VPPSA), offer rebates on EV and PHEV purchases.

Barton Village Electric Department

When you purchase a new EV, Barton Village offers a $1,250 rebate. You can also get $500 back on a new PHEV or used EV, and $250 for a used PHEV through Vermont’s EV rebate program. Plus, if you meet certain income requirements, you could receive an additional $400 in savings.

Participating dealerships can apply these rebates directly when you buy your EV or PHEV.

Burlington Electric Department

The Burlington Electric Department will give you a rebate of $2,300 toward a new EV, whether you buy or lease it, along with an additional $700 available based on your income. You can get $2,000 for a new PHEV and potentially qualify for another $400, depending on your income.

If you’re in the market for a used vehicle, you can get $1,300 toward a used EV or PHEV, in addition to another $200 you can claim based on your income.

For those who drive more than 17,600 miles a year, the Burlington Electric Department offers a $3,250 rebate toward a new EV, up to $3,750, based on your income. If you opt for a used EV, you can get $2,550-$3,050 based on your income. You can claim this high-mileage Vermont EV rebate for personal use or if you drive for a food delivery or ride-hailing service.

Enosburg Falls Inc. Water & Light Department

This municipal utility participates in VPPSA’s program and offers $1,250 toward a new EV, $500 toward a new PHEV or used EV, or $250 toward a used PHEV. If you meet income requirements, you can add $400 to these Vermont EV rebates.

Green Mountain Power

The largest utility in the state of Vermont offers extensive EV rebates. You can claim $2,200 toward a new EV, $1,500 for a used EV, $1,000 toward a new PHEV and $750 toward a used PHEV.

Based on your income, you can also claim an additional $1,000.

Hardwick Electric Department

Under VSPPA’s program, Hardwick offers a $1,250 rebate for new EVs, $500 for new PHEVs and used EVs, and $250 for used PHEVs. There is an additional $400 you can claim if you meet some income requirements.

Village of Jacksonville Electric Department

Jacksonville is another municipal utility participating in VSPPA’s program, which means you can get $1,250 toward a new EV, $500 toward a used EV, $500 toward new PHEV, and $250 for used PHEV. Depending on your income, you might be able to add $400 to these rebates.

Village of Johnson Electric Department

As a Johnson resident, you can qualify for a $1,250 rebate toward a new EV. You can claim a $500 rebate toward a used EV or new PHEV or get $250 to help pay for a used PHEV. If you meet some income requirements, you’ll get an additional $400 on an EV or PHEV.

Ludlow Electric Light Department

As a Ludlow electric customer, you can get $1,250 for a new EV, $500 for a used EV or new PHEV, or $250 for a used PHEV. There is an additional $400 available based on your income.

Lyndonville Electric Department

Lyndonville will give you a $1,250 rebate toward a new EV. You can also claim a $500 rebate to help pay for a used EV or new PHEV. A used PHEV will qualify for a $250 rebate, and you might qualify for another $400, depending on your income.

Village of Morrisville Water & Light Department

This municipal utility has a $1,250 rebate available to help you pay for a new EV. There is a $500 rebate toward used EVs and new PHEVs and a $250 cash rebate toward used PHEVs. Depending on your income, you might qualify for an additional $400.

Village of Northfield Electric Department

Thanks to VSPPA’s program, this utility offers a $1,250 rebate toward new EVs, a $500 rebate toward used EVs and new PHEVs, and a $250 rebate toward used PHEVs. If you meet some income requirements, you might qualify for another $400.

Village of Orleans

The Village of Orleans participates in VSPPA’s program, which means you can claim a $1,250 rebate if you buy a new EV. If you get a used EV or new PHEV, you can qualify for a $500 rebate. There is a $250 rebate available toward used PHEVs and an additional $400 you could claim based on your income.

Stowe Electric Department

As a Stowe resident, you can get a rebate of $700 for a new EV as long as the MSRP is under $40,000. If you spend more on your EV, you can still claim a $500 rebate.

Used EVs and PHEVs qualify for a $350 rebate, while new PHEVs are eligible for a $500 rebate.

If you meet the utility’s income requirements, you can claim a $1,250 rebate instead, whether you get a new or used vehicle.

Swanton Village Electric Department

This municipal utility will help you save $1,250 on a new EV, $500 on a used EV or new PHEV, and $250 on a used PHEV. If you meet certain income requirements, you can add $400 to these financial incentives.

Washington Electric Cooperative

This electric cooperative offers a $500 rebate to help you pay for a new EV. If you get a used EV or new PHEV, you can claim a $250 rebate. Another $500 is available if your income is below a certain threshold.

Vermont Electric Cooperative

Claim a $500 rebate toward an EV, or get $250 to help pay for a PHEV. Moderate-income customers can get an additional $500. These rebates are valid whether you purchase or lease your new or used EV.

Vermont Rebates on EV Chargers

As an EV owner in Vermont, you can take advantage of several programs that help both residents and businesses save on the purchase and installation of EV chargers at home or on-site.

Barton Village Electric Department

Barton Village offers a $950 incentive to help businesses install workplace and business EV chargers.

Burlington Electric Department

You can get up to $900 to install a Level 2 charger in your home

Businesses can claim a $2,500 EV incentive to help pay for a commercial EV charger, while multifamily properties qualify for a $1,000 rebate.

Green Mountain Power

The largest electric utility in Vermont will send you a free EV charger if you enroll in one of the utility’s discounted EV rates. This offer is valid for a home you own or rent as long as you can get your landlord’s approval.

Remember that you’ll need to hire a qualified EV installer to set up your free charger.

Hardwick Electric Department

Hardwick businesses qualify for a $950 rebate toward a public or workplace charger.

Village of Jacksonville Electric Department

If you own a business in Jacksonville, you can claim a $950 rebate to help pay for an EV charger.

Village of Johnson Electric Department

You can upgrade your place of business with an EV charger by taking advantage of this municipal utility’s $950 rebate.

Ludlow Electric Light Department

Ludlow offers a $950 rebate that businesses can apply toward an EV charger for public or workplace use.

Lyndonville Electric Department

Lyndonville business owners can use a $950 rebate to help pay for an EV charger.

Village of Morrisville Water & Light Department

There is a $950 EV charger rebate available to businesses interested in public and workplace charging.

Village of Northfield Electric Department

Businesses can claim a $950 rebate and use it to install an EV charger for public or workplace charging.

Village of Orleans

If your business gets its electricity from this municipal utility, you can qualify for a $950 rebate.

Swanton Village Electric Department

A $950 rebate is available to help pay for an EV charger your business will use for public or workplace charging.

Vermont Electric Cooperative

The Vermont Electric Cooperative will give you $250 toward an at-home Level 2 charger. If you own a business, a multifamily property, or a public facility, you can get $500 toward your EV charging project.

EV Charging Rates in Vermont

Vermont has some of the cheapest residential electric rates in the New England region, with average prices of $0.21 per kWh. These rates make charging your EV at home much cheaper than relying on public charging, but some utilities offer even more ways to save with time-of-use plans.

Burlington Electric Department

The Burlington Electric Department will discount your EV charging rate to $0.09 per kWh if you only charge your EV between 10 p.m. and 12 p.m. the next day. If you charge outside of these hours, you’ll pay the standard rate.

The utility also has a flexible load plan. If you enroll, you’ll get this same discounted rate in exchange for letting the utility remotely turn off your EV charger during power-saving events.

Green Mountain Power

The largest utility in Vermont offers two EV charging rates and two time-of-use rates open to everyone.

The first general time-of-use rate comes with on-peak prices of $0.31 per kWh and off-peak rates of $0.13 per kWh. On-peak hours last from 1 p.m. to 9 p.m.

You can also enroll in a seasonal time-of-use rate for the whole home where you’ll pay $0.31 per kWh during on-peak hours and $0.13 per kWh outside of these hours. On-peak hours last from 1 p.m. to 9 p.m. in the summer. In the winter, there are two on-peak periods, lasting from 7:30 a.m. to 11:30 a.m. and from 4:30 p.m. to 8:30 p.m.

If you’d rather use a separate meter for your EV charging and keep the rest of your energy usage at a standard rate, you can enroll in the utility’s EV time-of-use plan where you’ll pay $0.15 per kWh to charge your EV, except from 1 p.m. to 9 p.m., when the rate will increase to $0.19 per kWh.

Lastly, Green Mountain Power offers a special EV rate with interruptible service. You’ll pay a base rate of $0.15 per kWh to charge your EV via a separate meter. Five to ten times a month, the utility will call Peak events and restrict you from charging. If you choose to override a Peak event, you’ll pay $0.81 per kWh to charge your EV.

Vermont Electric Cooperative

The Vermont Electric Cooperative’s optional time-of-use plan allows you to pay $0.18 per off-peak kWh from 10 p.m. to 6 a.m. During the day, a rate of $0.25 per kWh will apply.

The utility also has a pilot time-of-use program with mid-peak pricing. You’ll pay $0.15 per kWh from 9 p.m. to 7 a.m., $0.22 per kWh between 7 a.m. and 5 p.m., and $0.41 per kWh from 5 p.m. to 9 p.m.

Public EV Charging Stations in Vermont

With 183 EV charging outlets per 100,000 people, Vermont leads the nation in EV charging stations per capita. The state continues to actively expand its charging infrastructure, making EV access more convenient for drivers across Vermont.

How Many Public EV Charging Stations Are in Vermont?

With more than 460 charging stations and over 1,170 ports, Vermont has plenty of options to charge your EV. Level 2 stations account for more than 390 of these locations and over 2,930 ports, while DC Fast chargers represent around 90 of these charging stations and 230 ports.

The Tesla Supercharger network operates 8 locations in Vermont and has 78 ports. The Ford BlueOval network is another great EV charging option, with more than 100 locations within just 10 miles of Burlington.

How Much Does Public EV Charging Cost in Vermont?

Vermont has adopted a statewide measure to set public EV charging costs at $0.26 per kWh. However, costs can vary when charging at commercial stations. For instance, charging at the Barn convenience store on VT-66 in Randolph costs $0.54 per kWh, while charging at the VSECU Operations Center on Demeritt Place in Waterbury costs $1 an hour.

Are There Free EV Charging Stations in Vermont?

Vermont offers a few free EV charging stations, such as the West Hill House B&B in Warren, which provides complimentary charging for its guests.

Where Are EV Charging Stations in Vermont?

Vermont has plenty of charging options available, but it’s easiest to find EV charging stations in urban areas, such as Burlington, South Burlington, Colchester, or Rutland. You’ll also find numerous chargers along highways and at local hospitality businesses or car dealerships.

This map will give you a better idea of where the nearest EV charging option is.

Save on EV Adoption in Vermont with Qmerit

With the savings available from Vermont utility rebates and optional time-of-use plans, alongside the rapidly growing rate of EV adoption, there’s never been a better time to make the switch to electrification.

The cost savings created by adopting clean, sustainable energy are just the start of the benefits you’ll see, and by partnering with a qualified electrician who can tailor an EV charger installation to your specific needs, you can maximize these benefits even more.

As North America’s most trusted and largest network of certified EV charger installers, Qmerit is recommended by automakers, EV charger manufacturers, utilities, businesses, and homeowners alike. Rated #1 in customer satisfaction, our expert network has installed over 770,000 EV charging stations across the U.S. and Canada.

Discover how Qmerit is paving the way forward for residential EV charger installation and whole-home electrification solutions. Contact us today to find out how easy home electrification can be!