Last Updated October 13, 2023
Replace Your Ride
Vermont Electric Bike Rebate and Tax Credit
Rebate Summary
The state of Vermont has launched an incentive program that will help residents scrap and replace old gas cars with new or used eligible electric vehicles (EVs) or plug-in electric vehicles (PHEVs). Incentives of $3,000 are available on a first-come, first-served basis to income-eligible Vermont residents who hand in a gas car that’s at least 10 years old – that’s model year 2012 or older – and switch to a new or used plug-in electric vehicle. The incentive can be stacked with one of the existing (new or used) incentives. Information on the other programs is available at the Drive Electric Vermont’s website. For the second phase of the program, eligible applicants can receive a card preloaded with a $3,000 voucher to use on eligible clean transportation expenses at participating electric bike shops or for shared mobility options.
Rebate Amount
$3,000.00
Region
Vermont
Country
United States
Incentive Type
Voucher with vehicle trade-in
Date Proposed
2022-10-24
Other electric bike rebates and tax credits avaiable in Vermont
$200.00
Point-of-sale discount
- Customers of Green Mountain Power can save $200 when they buy a new eBike for their commute.
- Rebate is valid for ebikes with a pretax price of at least $500, purchased between 1/1/23-12/31/23.
- Rebate is only for commuters switching from fossil fuel, not recreational bikes.
- Participating bike shops can provide customers with the rebate directly when they make their purchase.
- Customers will need to provide the retailer their GMP account information from their energy statement.
Lending Library
Local Motion and its partners at municipal, regional, and state levels offer several opportunities across the state for Vermonters to test ride different e-bike models. Visit the E-Bike Promotions and Resources page for more info about free consultations, rebates, low and no-interest loans, e-bike regulations, and more.
$400.00
H.552
- GMP customers can save $200 when they buy a new ebike for their commute.
- Rebate is valid for ebikes with a pretax price of at least $500.
- Rebate is only for commuters switching from fossil fuel, not recreational bikes.
- Participating bike shops offer the rebate when customers make their purchase.
- Valid on ebikes purchased from 1/1/23-12/31/23.
$400.00
Point-of-sale discount OR Post-purchase rebate
Drive Electric Vermont
Drive Electric Vermont offers incentives and rebates for ebikes. These incentives can include discounts on ebike purchases, free charging stations, and other related incentives.
Low-interest loan
VSECU VGreen Energy Improvement Loan
-Ebike rebates of up to $200 may be available from many Vermont utilities.
-Low-interest energy improvement loans are available to help finance e-bikes.
-Green vehicle loans are available with lower rates and extended terms for green make and model bikes.
-The VGreen Investment Tax Credit (ITC) Loan is a great option if you’re looking to finance a qualifying project or purchase, such as an electric bicycle.
Lending Library
VBike Take It Home Program
Take it Home program offers Battleboro residents an opportunity to test out their very own e-bike. Program is currently on hold.
$100.00
Post-purchase rebate
VPPSA member customers are eligible for a $100 rebate for an e-bike or retrofit kit. To qualify, the e-bike or retrofit kit must be purchased at a Vermont-based store. Customers of VPPSA member utilities are eligible for this incentive to meet Vermont's Renewable Energy Standard, which supports utility programs that help customers reduce fossil fuel use from heating and transportation.
$200.00
Post-purchase rebate
• Up to $200 towards the in-state purchase of a new electric bicycle.
• WEC members are eligible to receive up to $1,000 towards the purchase of a new commercial electric lawn mower.
• WEC members are eligible to receive up to $100 towards the purchase of a new electric lawn mower.
$200.00
Point-of-sale discount
- $200 E-Bike Rebate available to Burlington residents or businesses when purchasing an e-bike from a participating retail shop.
- Online Rebate available for non-local purchases.
- E-bike and Electric Vehicle Charging Stations in Burlington.
- Special financing rates on loans for e-bikes and other purchases from Opportunities Credit Union and VSECU.
- Free bike consultation on electric bikes, e-cargo bikes, and more from VBike.
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