SELCO Announces EV Rebate Program
Shrewsbury Electric and Cable Operations is excited to announce a new electric vehicle rebate program. SELCO customers can get incentives for new or used (model year 2016 and newer) Battery Electric (BEV) or Plug-in Hybrid Electric (PHEV) vehicles. Income qualified customers may receive additional funding based on qualifications. Program requirements include:
New or used EVs - 2016 or newer 100% battery (BEV) or plug-In hybrid (PHEV)
Purchase or lease (min. 36 month lease) September 1, 2021 - December 31, 2021
New vehicle value must not exceed $60,000 MSRP to qualify for rebate. Used vehicle value must not exceed $50,000 Book Value to qualify for rebate.
According to Patrick Collins, SELCO’s Integrated Resources Analyst, “SELCO’s EV Rebate program supports a cleaner energy future. Shifting from fossil fuel vehicles to electric vehicles eliminates direct vehicle emissions. Plus, EV owners can save between $500 to $1,000 or more per year on fuel costs based on current SELCO residential electric rates.”
SELCO EV customers are also eligible to receive a free Level 2 charger through the utility’s scheduled charging program. Details on all of SELCO’s electric vehicle programs and incentives can be found online at SELCO.ShrewsburyMA.gov/EV.