Maine Electric Vehicle Incentives

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    In Maine, drivers who purchase eligible, new or used electric or plug-in hybrid electric vehicles can save up to $5,500 with the state’s incentive program
    The U.S. transportation sector relies heavily on petroleum, which accounts for 90% of its total energy consumption. Transportation, in fact, is the number one emitter of greenhouse gases and contributes to 29% of total U.S. emissions.
    To combat this issue, many states offer electric vehicle incentives (usually tax rebates) to encourage residents to go green. The specifics of these incentive programs vary from state to state.
    To help make sure you’re getting all the savings you deserve, the car insurance comparison and broker app Jerry has compiled a guide to Maine’s electric vehicle incentives.

    How much you save with the Maine electric vehicle incentive

    In Maine, the electric vehicle incentive will save you up to $5,500 on the purchase of an electric or plug-in hybrid electric vehicle.
    Maine has two tiers of incentives for residential buyers: one for low-income customers and the other is a standard rebate. 
    Low-income customers can save:
    • $5,500 on the purchase of a new electric vehicle
    • $4,000 on the purchase of a plug-in hybrid electric vehicle
    • $2,500 on the purchase of a used electric or plug-in hybrid vehicle.
    For the normal rebate, customers can save:
    • $2,000 on the purchase of a new electric vehicle
    • $1,000 for the purchase of a plug-in hybrid electric vehicle

    How to get the Maine electric vehicle incentive

    If you purchase from select dealers, you can receive the rebate automatically. Otherwise, you’ll need to submit your paperwork within 45 days of purchase to receive your rebate by check. The car must be purchased before December 21, 2021. 
    For low-income customers, you must get pre-approval for the rebate. You can find the pre-approval form here. 
    You can find a list of eligible new cars here, and you can find a list of eligible used cars here. Used cars must be a 2015 model or newer. 

    How to find cheap car insurance for your electric vehicle

    Your savings don’t have to stop at your state electric rebates! Sign-up for Jerry, and see how low your car insurance bill can go.
    Jerry is an insurance brokerage app designed to save you money on your car insurance. Sign-up is fast, easy, and free! Once you’re signed up, Jerry provides dozens of competitive quotes to help you find the car insurance you want at a price you like. 
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