What are some of the Electric Vehicle tax credits for some of the New England states?

Vermont

• State tax credit: Up to $5,000 for the purchase or lease of a new electric vehicle (EV).
• Utility rebates:
  • Burlington Electric Department (BED): Up to $3,000 for the purchase or lease of a new EV, $1,400 for the purchase or lease of a used EV, and $900 for the installation of a home charger.
  • Green Mountain Power (GMP): Up to $3,200 for the purchase or lease of a new EV and $0.14274/kWh credit on electricity used to charge the EV.
  • Stowe Electric: Up to $1,000 for the purchase or lease of a new EV and $750 for the purchase or lease of a new plug-in hybrid electric vehicle (PHEV).
  • Vermont Electric Co-op (VEC): $500 bill credit for the purchase or lease of a new or pre-owned EV and a $250 bill credit for the purchase or lease of a new or pre-owned PHEV.

New Hampshire

• State tax credit: Up to $1,000 for the purchase or lease of a new EV.
• Utility rebates:
  • New Hampshire Electric Cooperative (NHEC): $1,000 rebate for the purchase or lease of a new or used EV, $600 rebate for the purchase or lease of a new or used PHEV, and $300 rebate for the purchase or lease of a new or used electric motorcycle.

Maine

• State tax credit: $500 to $7,500, depending on income, for the purchase of a new EV or PHEV.

Massachusetts

• State rebate: Up to $3,500 for the purchase or lease of a new EV, depending on the make and model of the vehicle.
• Utility rebates:
  • Eversource: Up to $2,000 for the purchase or lease of a new EV, $1,000 for the purchase or lease of a used EV, and $500 for the installation of a home charger.
  • National Grid: Up to $2,000 for the purchase or lease of a new EV, $1,000 for the purchase or lease of a used EV, and $500 for the installation of a home charger.

In addition to the state and utility incentives listed above, there is also a federal tax credit of up to $7,500 for the purchase of a new EV.

Please note that these are just a summary of the electric vehicle tax credits available in Vermont, New Hampshire, Maine, and Massachusetts. For more information, please visit the websites of the relevant state and utility companies.