State of Vermont Incentive

NOTE: Funding for this state program was exhausted in April of 2024, as of this writing, no new funding has been appropriated.

The Vermont eBike Incentive Program is a limited-time offering available to income-eligible Vermonters on a first-come, first-served basis. Incentives will be available until the $150,000 in funding authorized for FY24 is exhausted. Standard eBikes with an MSRP of $4,000 or less are eligible for a discount of $400, and cargo eBikes with an MSRP of $5,000 or less are eligible for a discount of $800. Adaptive eBikes are also eligible for an $800 discount, and there is no MSRP limit.

The following restrictions apply:

  • Maximum motor size:
    • Standard eBikes: 750 watts or less
    • Cargo eBikes: 1,000 watts or less
  • Household adjusted gross income limits:
    • Individual filing as single: $60,000/year
    • Individual filing as head of household: $75,000/year
    • Married filing jointly: $90,000/year
  • You must apply for the incentive before purchasing your eBike. The incentive comes in the form of a prepaid debit card that must be applied at the time of sale by a participating retailer.

Additional restrictions apply. For full program information, and to fill out the incentive application, please visit Drive Electric VT’s website.

Green Mountain Power Incentive

If you plan on using your eBike for daily commuting, the state incentive can be combined with an additional $200 incentive from GMP. Your eBike must have a purchase price of at least $500. You can get this rebate directly from GMP or from a participating bike shop at the time of purchase. For more information, please visit GMP’s website.

Updated June 2024