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Hell_Camino t1_ixpwfrp wrote

Reply to comment by Stockmom42 in EV car incentive program by Little_Art8272

I was going to mention the free charger from GMP too. We got an EV too and got the free charger. For OP, here’s a cost to keep in mind, if your current electrical panel is maxed out and can’t handle the expansion of a 240 volts charger, you’ll have to pay to have a new panel installed. That happened to us. Plus, our panel was in the basement and opposite corner of the house from the garage. So, it was a long way to run the wiring. Our total install charge was $3K.

We are on our second EV and love it but it’s a possible cost to keep in mind if finances are tight for you.

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alostpacket t1_ixtmv46 wrote

+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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