Electric Vehicles (EV)

The 2019 Vermont State Legislature passed H.529, which was signed into law by Gov. Scott in June. The law authorizes $2,000,000 to support a PEV incentive program and a fuel-efficient vehicle incentive and emissions-system repair program. Over the next few months, Vermont will see the Agency of Transportation implement the programs. 

The PEV incentive program is a purchase and lease rebate program and is limited to a household at or below 160% of the median household income. The amount of the incentives wasn’t specified in the bill, but it is estimated each incentive will be between $2,500 and $5,000. This program will be offered on a first come, first serve basis. 

The high fuel-efficiency vehicle and emissions repair program is designed to assist low-income Vermonters who fail their emissions tests or who drive inefficient vehicles. The incentives will be dispersed through point-of-repair (up to $2,500) and point-of-sale vouchers (up to $5,000).