Rebate+ New and Used EV Incentives
What is Rebate+?
CHEAPR's Rebate+ program offers additional incentives to certain income qualified Connecticut residents who purchase or lease an eligible new or used battery electric (BEV) or, plug-in hybrid electric (PHEV) vehicle from a licensed Connecticut automobile dealership or original equipment manufacturer. Rebate+ incentive levels are increasing on January 1, 2024!
Upcoming Incentive Amount Changes
Effective January 1, 2025, the following incentive level changes will be in effect:
BEVs
- Standard rebate will be reduced to $1,500
- Rebate+ New will be increased to $4,500 (Standard + $3,000 = $4,500)
- Rebate+ Used will be increased to $5,000
PHEVs
- Rebate+ Used will be increased to $3,000
Note: The new incentive levels are applicable to all vouchers redeemed after January 1, 2025.
Rebate + New
Rebate+ New Incentives - As of January 1, 2025
|
Standard Rebate |
Rebate+ New |
TOTAL SAVINGS |
|
| Plug-In Hybrid Electric Vehicle (PHEV) | $750 | $1,500 | $2,250 |
| Battery Electric Vehicle (BEV) | $1,500 | $3,000 |
$4,500 |
|
Fuel Cell Electric Vehicle (FCEV) |
$1,500 |
$3,000 |
$4,500 |
Who is eligible?
Rebate+ New is available to Rebate+ qualifying individuals who purchase or lease a new eligible vehicle from a Connecticut franchised new automobile dealer or original equipment manufacturer (i.e. Tesla) and received a CHEAPR Standard Rebate.
Rebate+ qualifying individuals must meet one of these criteria:
- Reside in an Environmental Justice (EJ) Community or Distressed Municipality
- Participate in a qualifying state or federal income qualifying program
- Have income less than 300% of the Federal Poverty Level (FPL)
How do I apply?
Before you purchase or lease a new eligible vehicle, you must apply for a prequalification voucher on the CHEAPR Application portal and present the voucher information to the dealer. The combined Standard and Rebate+ New incentive amount will be credited to your final purchase or lease.
Rebate + Used
Rebate+ Used Incentive Amounts - As of January 1, 2025
|
Rebate+ Used |
|
|
Plug-In Hybrid Electric Vehicle (PHEV) |
$3,000 |
|
Battery Electric Vehicle (BEV) |
$5,000 |
|
Fuel Cell Electric Vehicle (FCEV) |
$5,000 |
Who is eligible?
Rebate+ Used is available to Rebate+ qualifying individuals who purchase or lease a used eligible vehicle from a Connecticut franchised used automobile dealer or original equipment manufacturer (i.e. Tesla).
Rebate+ qualifying individuals must meet one of these criteria:
- Reside in an Environmental Justice (EJ) Community or Distressed Municipality
- Participate in a qualifying state or federal income qualifying program
- Have income less than 300% of the Federal Poverty Level (FPL)
Note: Private sales are not eligible for CHEAPR Rebate+ Used.
How do I apply?
There are two options to receive your Rebate+ Used incentive when considering the purchase or lease of an used eligible vehicle:
- Before you make a purchase: Apply for a prequalification voucher on the CHEAPR Application portal. Then present the voucher information to the dealer and your Rebate+ Used incentive amount will be credited to your final purchase or lease price.
- After you make a purchase: Use the CHEAPR Application portal to apply for a Rebate+ Used incentive. After completing the application, you will have the option to receive your incentive by check or electronically.
If you have any questions please view the Frequently Asked Questions or Contact Us for additional information.
Content last updated December 16, 2024