Thinking about making the switch to an electric or plug-in hybrid vehicle? You’re in luck! The Clean Vehicle Rebate Program is designed to make it more affordable for residents and businesses in Delaware to embrace cleaner transportation. This initiative offers significant rebates on the purchase or lease of new and used electric and plug-in hybrid vehicles, helping you save money while contributing to a healthier environment.
This program is a key part of Delaware’s commitment to reducing greenhouse gas emissions, improving air quality, and fostering innovation in the transportation sector. Unlike a tax credit, the Delaware Clean Vehicle Rebate provides a direct cash rebate. It’s important to apply for your rebate within 90 days of purchasing your vehicle to take advantage of these savings. Applications for vehicles purchased before May 1, 2024, are no longer being accepted, so make sure to apply promptly for your recent purchases.
For complete details and step-by-step application instructions, visit driveelectricdelaware.org. You can also find a list of eligible vehicles at driveelectricdelaware.org/eligible-vehicles and explore data about past rebates on the Delaware Open Data Portal.
Rebate Amounts as of May 1, 2024: How Much Can You Save?
The Clean Vehicle Rebate Program offers different rebate amounts based on the type of vehicle and its price. Here’s a breakdown of the current rebates:
| Type of Vehicle/Vehicle Technology | Rebate |
|---|---|
| New Battery Electric Vehicles (BEVs) with a base MSRP below $40,000 | $2,500 |
| New Battery Electric Vehicles (BEVs) with a base MSRP between $40,000 and $50,000 | $1,500 |
| New Plug-in Hybrid Vehicles (PHEVs) with a base MSRP below $50,000 | $1,000 |
| Used Battery Electric Vehicles (BEVs) with a fair market purchase price of $40,000 or less | $2,500 |
| Used Plug-in Hybrid Vehicles (PHEVs) with a fair market purchase price $40,000 or less | $1,000 |
| Note: Fair market value is determined by Kelley Blue Book. |
Alt: Electric vehicle charging port, highlighting the clean energy aspect of the Clean Car Rebate Program.
Applying for Your Clean Car Rebate: A Step-by-Step Guide
There are two main ways to apply for the Clean Vehicle Rebate: as an individual or through a participating dealer.
Applying as an Individual:
Step One: Register as a Supplier with the State of Delaware
First, you’ll need to register as a “supplier” through the Division of Accounting eSupplier Portal. For detailed guidance, refer to the New Supplier Registration Guide or watch this helpful instructional video.
For answers to common questions and to ensure a smooth application process, be sure to check the Questions and Answers page.
Once your supplier registration is approved, you will receive a Supplier ID number, which is essential for your rebate application. If you require assistance with supplier registration, contact the Supplier Maintenance Team at 302-526-5600. Please note that the Division of Climate, Coastal and Energy cannot access the Supplier portal.
Step Two: Submit Your Rebate Application
Apply for the rebate online through the application portal at driveelectricdelaware.org.
Step Three: Receive Your Rebate
Expect to receive your rebate within 8 to 10 weeks after submitting your application.
Alt: Person charging an electric car at a public charging station, illustrating the convenience of electric vehicle infrastructure supported by clean vehicle incentives.
Applying Through a Participating Dealer: Hassle-Free Rebates
For an even easier process, consider purchasing or leasing your vehicle from a participating dealer. Participating dealers will directly incorporate the vehicle rebate into your purchase or lease (for leases of at least 36 months), simplifying the process for you. Dealers are required to provide documentation showing the rebate application.
Understanding the Tax Implications
It’s important to be aware that the Clean Vehicle Rebate may be considered taxable income by both the U.S. Internal Revenue Service and the Delaware Department of Revenue. It is your responsibility to seek professional tax advice to understand the specific tax consequences of receiving this rebate.
By taking advantage of the Clean Car Rebate Program, you’re not only saving money on a new or used vehicle but also contributing to a cleaner, greener Delaware. Explore your options today and drive into a more sustainable future!
For any program inquiries or assistance, you can reach out to [email protected] or call 866-208-3198. For supplier ID questions, contact [email protected] at 302-526-5600. For all other questions, email [email protected] or call 302-735-3480.
Related Topics: car, clean vehicle, climate, electric, energy, rebates, transportation, vehicle
