Delaware citizens may purchase used battery electric or plug-in hybrid cars. Delaware corporations can lease or buy new battery electric or plug-in hybrid vehicles with incentives from the Clean Delaware EV Rebate 2024.
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Delaware EV Rebate 2024
As part of Delaware’s commitment to innovation in the transportation sector, the car rebate program promotes battery electric or plug-in hybrid vehicles, lowering greenhouse gas emissions and enhancing Delaware’s air quality.
A financial refund is available for purchasing or leasing a new or used plug-in hybrid or battery-electric car. After the purchase date, you have 90 days to apply for the Delaware EV Rebate 2024. The program extension will end on April 30, 2025.
You could still qualify for a discount under the terms of the prior program if you buy or lease an eligible car before April 30, 2024, at the latest. Under those standards, new battery electric cars with a base MSRP under $50,000 were eligible for rebates of $2,500, while new plug-in hybrid electric vehicles were eligible for rebates of $1,000.
Delaware Electric Vehicle Rebate Amount
Drivers who switch to electronic vehicles may get $2500 from Delaware’s rebate program, and the deadline has been extended until 2025. Newly acquired EVs must cost at least $50,000 to qualify for the Cash UP Stimulus Check, while used cars must be less than $40,000.
- New battery-electric cars having a base MSRP of less than $40,000 are eligible for $2,500, while those with a base MSRP between $40,000 and $50,000 are eligible for $1,500.
- $1,000 for brand-new plug-in hybrid electric cars with base MSRPs of no more than $50,000; $2,500 for used battery-electric cars with fair market value under $40,000.
- $1,000 for pre-owned plug-in hybrid cars having a fair market value of less than $40,000.
How to apply for Delaware’s EV Rebate Program for 2024?
To apply for Delaware’s EV rebate program for 2024, follow these steps:
- Buy or lease a new battery electric vehicle (BEV) or plug-in hybrid electric vehicle (PHEV) in 2024 and register it in Delaware.
- Collect proof of purchase or lease, vehicle registration, and income verification if applying for the additional low- and moderate-income rebate.
- Use the driveelectricdelaware.org application website to apply for reimbursement.
- Fill out the rebate application form, available online on the Delaware Division of Climate, Coastal, & Energy’s website.
- You may send in your paperwork by mail or submit it online after you’ve finished.
- Await 8–10 weeks to get your reimbursement.
- Rebates are typically processed within a few weeks. If approved, you will receive the rebate via check.
Delaware EV Rebate 2024 Eligibility
If you buy or lease a qualifying vehicle on or before April 30, 2024, you could still qualify for a refund based on the terms of the prior program.
These regulations offered $1,000 in incentives for new plug-in hybrid electric cars and $2,500 for new battery electric vehicles with a base MSRP under $50,000.
To be eligible for Delaware’s EV rebate program for 2024, you must meet the following criteria:
- Vehicle Type: Purchase or lease a new battery electric vehicle (BEV) or plug-in hybrid electric vehicle (PHEV).
- Purchase Date: The vehicle must be purchased or leased in 2024.
- Registration: Vehicle registration in the state of Delaware is mandatory.
- Ownership Duration: Keep the vehicle registered in Delaware for at least 36 months.
- Income Verification: For the additional low- and moderate-income rebate, provide income verification.
- Approved Vehicle List: Ensure the vehicle is on the list of eligible models maintained by Delaware.
Key Features of the 2024 EV Rebate Program
Key features of Delaware’s 2024 EV rebate program are as follows:
- Rebate Amounts: For 2024, Delaware offers substantial rebates for EV purchases. The standard rebate is $2,500 for the purchase or lease of a new battery electric vehicle (BEV).
- Additional Incentives: Low- and moderate-income households can qualify for an additional rebate of $1,000, bringing the total potential rebate to $3,500 for BEVs and $2,000 for PHEVs.
- Eligibility Criteria: To qualify for the rebate, the EV must be new, have a purchase or lease date in 2024, and be registered in Delaware. The program applies to both individual consumers and businesses.
- Approved Vehicle List: Delaware maintains a list of eligible EV models that qualify for the rebate.
- Application Process: The rebate application process is straightforward. Applicants must submit a completed rebate form along with proof of purchase or lease, vehicle registration, and income verification if applying for the additional low- and moderate-income rebate.
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