Delaware is committed to a cleaner, greener future, and that includes the vehicles on its roads. If you’re considering making the switch to an electric or plug-in hybrid vehicle, you can benefit from Delaware’s Car Incentive Program, designed to make clean transportation more accessible and affordable. This program offers significant rebates for both individuals and businesses looking to purchase or lease new or used electric vehicles (EVs) and plug-in hybrids (PHEVs). Take advantage of these incentives to reduce greenhouse gas emissions, improve air quality in Delaware, and save money while driving a cutting-edge vehicle.
Understanding the Delaware Clean Vehicle Rebate Program
The Delaware Clean Vehicle Rebate Program is a state-led initiative that directly supports the adoption of electric and plug-in hybrid vehicles. It’s important to note that this is a cash rebate, not a tax credit, providing immediate savings on your vehicle purchase or lease. To be eligible, applications must be submitted within 90 days of the vehicle purchase date. Applications for vehicles purchased before May 1, 2024, are no longer being accepted, so make sure to apply promptly after your purchase.
For the most up-to-date details and complete application instructions, visit driveelectricdelaware.org. You can also find a list of eligible vehicles on their website at driveelectricdelaware.org/eligible-vehicles. For those interested in data transparency, past rebate information is available on the Delaware Open Data Portal: data.delaware.gov/Energy-and-Environment/State-Rebates-for-Alternative-Fuel-Vehicles/8z8z-di7f.
Current Car Incentive Program Rebate Amounts (as of May 1, 2024)
The rebate amounts vary depending on the type of vehicle and its technology. Here’s a breakdown of the current incentives:
| 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 Vehicle (BEV) with a fair market purchase price of $40,000 or less | $2,500 |
| Used Plug-in Hybrid Vehicles (PHEV) with a fair market purchase price $40,000 or less | $1,000 |
| Note: Fair market value is determined by Kelley Blue Book. |
These car incentive program rebates can significantly lower the upfront cost of switching to a cleaner vehicle, making it a more financially viable option for many Delaware residents.
How to Apply for Your Car Incentive Rebate
The application process differs slightly depending on whether you are applying as an individual or through a participating dealership.
Applying as an Individual: A Step-by-Step Guide
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Register as a Supplier: Begin by registering as a “supplier” with the State of Delaware via the Division of Accounting eSupplier Portal. For detailed guidance, refer to the New Supplier Registration Guide or watch this instructional video. This crucial first step ensures your rebate is processed smoothly. For answers to common questions, check the Questions and Answers page. If you need help with supplier registration, contact the Supplier Maintenance Team at 302-526-5600.
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Apply for the Rebate Online: Once your supplier file is approved and you have your Supplier ID, apply for the rebate through the application portal at driveelectricdelaware.org.
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Receive Your Rebate: After submitting your application, please allow 8 to 10 weeks for processing and to receive your rebate.
Applying Through a Participating Dealer: Hassle-Free Savings
For a more streamlined experience, consider purchasing or leasing your vehicle from a participating dealer. These dealers will directly incorporate the vehicle rebates into your purchase or lease agreement, saving you time and paperwork. Dealers are required to provide documentation showing the rebate application.
Important Tax Information Regarding Your Rebate
Please be aware that this car incentive program 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 consult with a tax professional to understand the tax implications of receiving this rebate.
By taking advantage of Delaware’s car incentive program, you are not only making an environmentally conscious choice but also benefiting financially. Drive electric, save money, and contribute to a cleaner Delaware!
For any program inquiries or assistance, you can contact the program team at [email protected] or call 866-208-3198. For supplier ID questions, reach out to [email protected] at 302-526-5600. For all other questions, contact [email protected] or call 302-735-3480.
