Submitted by Little_Art8272 t3_z3r6dh in vermont
alostpacket t1_ixtmv46 wrote
Reply to comment by Hell_Camino in EV car incentive program by Little_Art8272
+1 Great info but I wanted to add some more in case it's helpful for /u/Little_Art8272
I believe electrical panel upgrades and install costs related to an EV charger get the 30% federal tax credit again now from the Inflation Reduction Act (up to $1000 max)
Also Green Mountain Power has a straight cash rebate in addition to the free charger. >Get a $1,500 rebate when you buy or lease a new all electric vehicle (AEV), or a $1,000 rebate for a new plug in hybrid (PHEV). If you’re getting a used vehicle, you can get $750.
https://greenmountainpower.com/rebates-programs/electric-vehicles/in-home-ev-charger/
Charger:
https://greenmountainpower.com/rebates-programs/electric-vehicles/ev-rebate/
GMP Discount EV charging rates:
https://greenmountainpower.com/rebates-programs/electric-vehicles/ev-charging-rates/
Lost more incentives from other electric companies too:
https://www.driveelectricvt.com/incentives
- Burlington Electric offers up to $2900
- Stowe Electric department up to $1250
- VEC $750
- etc
Another route to cover panel upgrade would be to install a heat-pump and get up to $4000 for the panel and $2500 for wiring. https://www.familyhandyman.com/article/how-to-take-advantage-of-the-incentives-in-the-inflation-reduction-act/#electric-panel-upgrade
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