VEC’s Got Energy Transformation Incentives for 2025

Have you checked out Vermont Electric Co-op’s incentives recently?

These incentives, which come in the form of one-time bill credits for VEC members, are designed make the purchase of electricity-powered equipment more affordable. The program also benefits the entire co-op membership over time because the incentives pay for themselves through additional electric sales for the co-op overall.

More than 6,000 VEC members (including Eric and Ingrid Nuse of Johnson, pictured here with their all electric Nissan Leaf) have taken advantage of incentives since the co-op began offering them in 2017.

VEC has exceeded its goals for the Energy Transformation Program and helped eliminate the consumption of over 22 million gallons of fossil fuel. That’s the equivalent of taking over 39,000 cars off the road for a year.

Specifically, VEC offers credits on members’ electric bills for the purchase of:

• Electric vehicles: For plug-in electric vehicles, $250; all-electric vehicles, $500. For both types, there is an additional $500 for income-qualified members. (Vehicles may be new or used, purchased or leased).
• EV chargers: VEC offers a free Level 2 EV charger. If members have purchased a charger, VEC offers a $250 bill credit. In both cases, members agree to not charge during high demand times.
• Public/workplace/multi-family charging stations: $500 per connection
• Heat pumps: For ductless, ducted, air-to-water, and ground source heat pumps as well as heat pump water heaters, an incentive is available either at the point-of-purchase or as a rebate through Efficiency Vermont. For heat pumps, a $150 per unit thermal efficiency credit is available if the system was installed in a building that meets thermal efficiency criteria.
• Pellet stoves: An incentive is available at the point-of-purchase through participating dealers.
• Other machinery: residential lawn mowers, $50; commercial mowers and electric forklifts, $1,000
• Heat pump pool heaters: $600 for units that meet efficiency criteria
• Induction cooktops: $100 (Not available for portable induction cooktops.)

VEC also offers custom incentive opportunities for members who want to replace fossil fuel equipment and reduce carbon emissions, through electric service upgrades or line-extensions. These projects often serve commercial facilities like sawmills or sugaring operations, for instance.

Many of these technologies are also eligible for tax incentives. Visit the Rewiring America incentive calculator for detailed information.

Learn more about these opportunities on VEC's Energy Transformation incentives page or by calling 1-800-832-2667.