Vermont EV, plug-in and hybrid incentives

The Vermont Agency of Transportation provides financial incentives to low- and moderate-income residents for the purchase or lease of a new EV with a base manufacturer's suggested retail price of $52,500 or less and an electric range of at least 30 miles, on a first-come, first-served basis. Incentives are offered in the following amounts:

Tax Filing Status Adjusted Gross Income Limits for Enhanced and Standard Incentives State Incentive Amount -------------------------------------------------------------------- ----------------------------------------------------------------------- ------------------------------------- -------------------------- Plug-in Hybrid Electric Vehicle All-Electric Vehicle Individual filing as single; or Married filing separately $60,000 or less $3,000 $5,000 $60,001 up to $100,000 $1,500 $2,500 Individual filing as head of household $75,000 or less $3,000 $5,000 $75,001 up to $125,000 $1,500 $2,500 Married filing jointly; or Individual filing as qualifying widower $90,000 or less $3,000 $5,000 $90,001 up to $150,000 $1,500 $2,500

Incentives are limited to one per individual or married couple. Additional terms and conditions apply.

Enacted 2019-06-14. source

The Vermont Agency of Transportation administers the Used High Fuel Efficiency Vehicle Incentive Program, MileageSmart, which provides incentives of up to $5,000 to replace eligible vehicles with a pre-owned vehicle that has a U.S. Environmental Protection Agency (EPA) combined city/highway fuel economy of at least 40 miles per gallon. For more information, see the Clean Transportation Incentives website.

(Reference Act 59, 2019 and Act 62, 2023)

Enacted 2019-06-14. source

The Vermont Department of Environmental Conservation (DEC) administers the Automotive Emissions Repair Assistance Program (AERAP), which offers vouchers of up to $2,500 for the repair of vehicles that failed the on-board diagnostic II (OBD II) systems inspection. Eligible vehicles for a repair voucher are those that have failed the OBD II systems inspection, require repairs that are not under warranty, and will be able to pass the inspection once the repairs are made. Applicant total gross household income must be less than or equal to 185% of the Federal Poverty Level. For more information, see the DEC AERAP website.

(Reference Act 59, 2019 and Act 55, 2021)

Enacted 2019-06-14. source

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:

::: {data-align="center"} 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)

Enacted 2021-06-03. source