Resources and Incentives
for EV Ownership
There are several incentives offered for those who opt to own an EV or install electric vehicle supply equipment (EVSE). Listed on this page are the current organizations and programs offering monetary incentive programs across Maine.
Electric Vehicle Incentives
Efficiency Maine offers rebates for low-income and moderate-income Mainers to purchase eligible battery electric vehicles (BEVs) paired with an off-peak charger to minimize impact on the electric grid. *
Before purchasing the vehicle, you must first receive income verification from Efficiency Maine and purchase an off-peak charger in order to receive the rebate. Additionally, you are required to install the charger at home and connect it to the internet within 90 days of vehicle purchase.
Low Income Rebate Amounts
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Used: $4,000**
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New: $8,000**
Moderate Income Rebate Amounts
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Used: $3,000**
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New: $6,000**
Find more details on Efficiency Maine's EV Rebate eligibility here.
*Hybrid vehicles, including plug-in hybrids, are not eligible
**Includes an additional $1,000 bonus that expires September 30, 2026.
Infrastructure Incentives
Buyers have until June 30, 2026 to take advantage of Federal Tax Credits available for alternative fuel or electric vehicle charging infrastructure.
Alternative Fuel Vehicle Refueling Property Credit
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Installation of EV charging equipment in a home or business by June 30, 2026 may be eligible for credit.
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For home installation, the credit is 30% of the combined cost of installation (charging equipment and related materials), with a maximum of $1,000 per item.
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The property must be located in an eligible census tract and be placed in service by the program deadline.
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For business installation, the credit is 6% of the combined cost of installation, with a maximum of $100,000 per item.
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To claim the credit for personal or business property, attach Form 8911 to your tax return
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More details about the Alternative Fuel Vehicle Refueling Property Credit here.
Efficiency Maine is offering a $200 instant discount when you buy an off-peak charger and an additional $200 when you finish setting it up. Off-peak chargers automatically pause charging during peak hours (5:00 p.m. to 9:00 p.m. weekdays) when electricity is most expensive. If you need to charge during peak hours, you can override the default for the day. The following day, the charger will return to its off-peak schedule. More information on how to claim your discounted charger here.
Utility Provider Incentives
Versant Power has expanded certain rates and created new rates to offer savings for customers using electric vehicles. The new and/or expanded rates will encourage electricity use during periods of lower demand and aim to help customers save money.
Home Eco Rate – (Bangor Hydro District)
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Time of use rate available for electric vehicle charging and/or battery storage.
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This is the same as Versant's residential service rate time-of-use, but adds electric vehicle charging and electric battery storage.
Business Eco Rate – (Maine Public District and Bangor Hydro District)
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This rate is for commercial Level 2 electric vehicle charging and battery storage.
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This is the same as the Maine Public District’s General Service and the Bangor Hydro District General Service with a 50kW cap.
Home Eco Rate with Bonus Meter – (Bangor Hydro District)
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This rate is the same as residential electric thermal storage, but adds separately metered EV charging and/or storage.
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Payment is required for second meter installation, but there are no separate minimum monthly charges for a second meter.
DC Fast Charging and Storage Eco Rate – (Bangor Hydro District)
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This rate is for Level 3+ (fast) EV charging and battery storage.
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Payment is required for second meter installation, but there are no separate minimum monthly charges for a second meter.
To inquire about these rates, please contact Versant Customer Service toll free at 1-855-363-7211 or local at 207-973-2000.