1) The Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) Program is helping residents save money on the cost of an electric vehicle lease. The rebate rewards up to $1,500 on all-electric vehicles with a purchase price under $50,000. Note: If you acquired your EV before January 1, 2019, you are still eligible for the old MOR-EV rules, worth up to $2,500 depending on battery size.
Visit this website to learn more and fill out your application.
2) The Federal Tax Credit offers up to $7,500 off the price of the car. This credit varies depending on the size vehicle's battery. This incentive is credited to the owner of the car, so be aware that if you are leasing the EV, the tax credit goes to the leasing company.
gET IN TOUCH WITH A BELMONT DRIVES ELECTRIC COMMUNITY LIAISON WITH ANY QUESTIONS.