In the quest for a more sustainable future, Vermont is electrifying its roadways with robust incentives to encourage electric vehicle (EV) adoption. From homeowners to local businesses and multi-family properties, here’s how Vermont is driving the change.
1. Burlington Electric Department’s EV Charger Incentives
For Homeowners, Local Businesses, and Multi-Family Properties
Burlington Electric Department (BED) is leading the charge in Vermont with incentives designed to spark EV charger installations. Here’s what’s on offer:
Single-Family Homeowners: BED is providing rebates of up to $900 for Level 2 EV chargers. The rebate amount depends on the EV model you own. Plus, BED collaborates with local banks to offer affordable financing for any necessary electric panel upgrades.
Workplace charging: Local businesses can benefit from a $2,000 rebate per port, covering up to 75% of the installation cost for workplace EV charging stations.
Multi-Family Properties: For multi-family properties, BED offers rebates for both smart charging and standard charging:
- Smart Charging with or without public access: If you install eligible chargers, you could get a $250 bonus per charger if over 15% of units are designated low-to-moderate income housing, and an extra $300 per charger for public access during weekdays.
- Standard Charging: Offer charging as an amenity with no need for charging software. Also, enjoy an additional $250 incentive if over 15% of units are low-to-moderate income housing.
2. Green Mountain Power’s Fast Charging Program
Vermont’s pursuit of an eco-friendly future is accelerating, thanks to Green Mountain Power’s (GMP) pioneering Fast Charging program. With the aim of significantly expanding Vermont’s Level 3 charger network, GMP is stepping up to fund 20 new fast-charging stations.
Level 3 chargers, often referred to as fast chargers, are crucial for the widespread adoption of electric vehicles. They provide a rapid and convenient way to recharge, making EVs more accessible and practical for Vermonters. However, expanding this critical infrastructure requires financial support, and that’s where GMP’s Charge Fast pilot program comes into play.
GMP’s Charge Fast pilot program is making a substantial commitment. It offers up to $40,000 in funding to support the electrical interconnection of Level 3 chargers. Importantly, there’s no deadline for this program, emphasizing GMP’s long-term commitment to advancing Vermont’s EV infrastructure.
In Vermont, the road to a sustainable future is paved with EV incentives designed to make a significant impact. From individuals to businesses and multi-family properties, these programs empower everyone to embrace electric vehicles and contribute to a cleaner, greener state. Burlington Electric Department’s forward-thinking rebates and Green Mountain Power’s ambitious Fast Charging program are catalysts for change, propelling Vermont into an electrified, eco-conscious era. As we navigate this journey, Vermont’s commitment to sustainability shines as a beacon of hope for a better, cleaner, and more environmentally friendly tomorrow.