Harold Eastman loves his electric vehicle so much, he’ll let anyone test drive his Chevy Bolt. He’s over 90, but not slowing down! You’ll find him zipping around Colchester, and he’s happy to tell you about how much he’s saving on gas and how he got a free home charger from GMP!
More than 3,600 electric vehicles (EVs) are registered in Vermont, and the number keeps growing as more Vermonters learn about how they can save you money, while you help to fight climate change.
For GMP customers, the cost to charge up is like paying less than $1.00 a gallon for gasoline! Plus, GMP rebates can save you up to $2,500, and that can be combined with manufacturer discounts and federal tax credits so you can save thousands more! EVs also have lower overall maintenance costs.
Switching to an EV is the biggest thing you can do to reduce your carbon footprint. Charging your EV at home cuts carbon, because GMP’s energy supply is to 90% carbon free, 60% renewable and getting greener all the time.
Learn more about GMP rebates.
Drive Electric Vermont is a great resource for all kinds of information about EVs.
FAQ’s About EVs
Q: What is an electric vehicle?
A: An electric vehicle (or EV for short) looks just like a conventional car, but instead of being powered by an internal combustion engine, it relies on electricity stored in batteries, the same kind that power our laptops and cell phones. There’s no motor oil, no gears, no spark plugs, and no engine grease.
Q: What does AEV mean?
A: That’s All Electric Vehicle. It is powered exclusively by electricity. AEVs typically get ranges between 100 and 300 miles on a single charge. Popular AEVs include the Nissan Leaf, Chevy Bolt, and Tesla Model 3.
Q: What is a PHEV?
A: That’s a Plug-In Hybrid Electric Vehicle. A PHEV has both a battery and gas tank. PHEVs typically get 20-50 miles of pure electric range, and then the gasoline engine takes over and works like a conventional hybrid. Popular PHEVs include the Toyota Prius Prime, Chevy Volt, and Honda Clarity.
Q: How much does it cost to charge an EV? Will the money I save in gas costs just be transferred to my electric bill?
A: EV drivers save money! For GMP customers who sign up for our EV charging rate, it’s like paying less than $1.00 per gallon of gas. With GMP’s regular residential rate, it is the equivalent of paying about $1.20/gallon of gas. For 15,000 miles driven in a year, this equates to more than $800 per year in fuel savings compared to a standard mid-size sedan.
Q: What is involved for maintenance?
A: The cost of maintaining an EV 50% less than conventional vehicles, because EVs have a fraction of the moving parts of gasoline vehicles. A typical service session might involve checking a few indicator lights and rotating the tires and regenerative braking reduces wear and tear on the brake pads. Plus, the batteries are normally warrantied for 8 years.
Q: What incentives are available to purchase of lease an EV?
A: GMP offers a rebate up to $2500 off a new or used EV, plus a free home charger. The rebate can be applied directly at the point of sale to reduce the sticker price. Check out EV Rebates to learn more. On top of that, there is a federal tax credit up to $7,500 for new EVs. And on top of both, the state of Vermont is launching its own incentive program for income-eligible Vermonters this fall. With those three programs, you can get up to $15,000 off the sticker price of an EV! If you are looking to lease instead of purchase, the federal tax rebate will be incorporated into the monthly lease payment. There are also some great deals on used electric vehicles, which are eligible for a $750 GMP rebate.
Q: How does the total cost of ownership compare to a conventional vehicle?
A: EVs are cost competitive with conventional vehicles when you factor in all of the savings from rebates, discounts, tax credits and lower maintenance costs. In many cases EVs are even cheaper!
This table below shows the 5 year cost to own a Nissan Leaf compared to a Nissan Sentra. You can also use Drive Electric Vermont’s cost of ownership tool to see how much you could save compared to the car you drive today!
|Car||Nissan Leaf S (40kWh)||Nissan Sentra S|
|Taxes and Fees||$2,251||$1,241|
*Includes $5000 from Nissan, $2500 from GMP, and $7500 federal tax rebate
Q: How much can I shrink my carbon footprint by switching to driving an all-electric vehicle?
A: Depending on how much you typically drive, you’ll offset 9,000 to 11,000 pounds of carbon per year. GMP’s energy supply is 90% carbon free and 60% renewable, so you’re charging up with green, low-carbon power.
Q: What about plug in hybrids, how much will I offset with one of them?
A: It will be less, because you’re still using fossil fuels, and the amount will depend on the electric range of the PHEV you choose, and how far you typically drive. On average you could offset about 7,000 pounds of carbon per year.
Q: Doesn’t producing EVs create greenhouse gas emissions?
A: According to the Union of Concerned Scientists, an electric vehicle produces less than half the global warming emissions of a comparable gasoline-powered vehicle. This includes manufacturing, upstream materials, and lifetime operation.
Q: Where can I charge my EV?
A: One of the easiest ways is to plug in at home. When you switch to a new EV, GMP gives you a free Level 2 charger ($600 value) that you install at home. It will charge your EV in about 4 hours. Vermont also has the most charging stations per capita of any state in the US. View this public charging map from Drive Electric Vermont showing all public stations, which includes both Level 2 and Level 3 fast charging stations. PlugShare is another great resource where you can find chargers and check their status in real time.
Q: What are the types of charging?
A: Level 1 is simply a 120V outlet and delivers about 3-4 miles per hour. The major use cases for Level 1 include long-duration parking (park-and-rides, airports, and hotels) and visiting friends or family where you can charge in a garage.
Level 2 charging comes in a few different varieties, but all share a common feature of requiring a 240V electrical circuit, the same kind used by a washing machine. Level 2 chargers can be installed in your home or in public locations and deliver a full charge in 4-5 hours.
Level 3, also known as DC fast charging, can deliver a full charge in 30-40 minutes. These charging stations are typically situated along major highway routes or in downtowns.
Q: How do EVs perform in Vermont winters?
A: Due to their weight and low center of gravity from the battery pack, EVs handle well in the snow, especially when outfitted with proper snow tires.
Q: What are some features to consider when choosing an EV?
A: Key factors include range (miles you can drive on a single charge), all electric or plug-in hybrid, available all-wheel drive, available rebates and incentives, and then standard considerations like sticker price, cargo space, etc. Drive Electric VT has a useful comparison tool on its website to compare all EVs available in Vermont.
Q: What features do EVs have that conventional cars don’t?
A: Without a tailpipe, it’s perfectly safe to preheat or pre-cool an EV. You can even do this remotely via the climate control settings in the car’s mobile app. Want to set your car to a toasty 78 degrees on a cold winter day? No problem! There’s also no idling, which is illegal in Vermont anyway, so you can leave the heat on while you do a quick errand. Plus, you don’t have to wait for the engine to warm up in the dead of winter.
Q: Are there fire safety concerns with EV batteries?
A: A recent Battelle study concluded that EVs are probably slightly safer than conventional gasoline vehicles.
Q: What about the material in the batteries? Some critics have raised concerns about that.
A: Many manufacturers will take the batteries back at the end of their lifetimes.