Utilities boost electric car incentives
- April 20, 2018
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Two electric companies serving northern Vermont, Vermont Electric Co-op and Green Mountain Power, are expanding and renewing incentives for customers to purchase electric vehicles.
Vermont Electric Co-op incentives include:
A $500 one-time bill credit for a purchase or $100 per year for a lease of a fully electric vehicle (e.g. Chevy Bolt or Nissan Leaf)
A $250 one-time bill credit for a purchase or $50 per year for a lease of a plug-in hybrid electric vehicle (e.g. a Chevy Volt or Toyota Prius).
The co-ops electric vehicle incentives as well as similar credits for pellet stoves, heat pumps and heat pump hot water heaters and charging station are part of its Energy Transformation Program launched in 2015 in response to Vermonts Renewable Energy Standard law. The law requires electric utilities to implement programs to help their customers shift their energy sources away from fossil fuels.
More information is available at vermontelectric.coop or by calling (802) 635-2331.
Green Mountain Power is renewing a partnership with Freedom Nissan of South Burlington, sponsoring a $3,000 discount on the retail price of a Nissan Leaf.
The company is also giving new Leaf customers free home chargers that allow drivers to fully charge their cars in a few hours. These complement the companys network of public charging stations installed statewide.
We are committed to helping customers find ways to reduce carbon and to save money, said Green Mountain Power President and CEO Mary Powell. The Leaf is a cutting edge, fully electric car that frees its owners from paying for gasoline and oil changes ever again.
Nissan warrantees the car for the first eight years or 100,000 miles. Contact Freedom Nissan at (802) 864-7400 or visit NissanUSA.com/leaf to learn more.
Further information about electric vehicles in Vermont, including where to find electric charging stations, is available at driveelectricvt.com.