Replace Your Ride
Vermont Electric Bike Rebate and Tax Credit
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.