EV Announcements
New Dealer Training Video
Efficiency Maine has posted an updated version of the Dealer Training Video to the Participating Electric Vehicle Dealer Portal. This new version includes information on both Efficiency Maine incentives and federal tax credits for electric vehicles. We encourage you to share this video with...
READ MOREIRS EV Tax Credit Guidance
On January 5, 2024, the IRS announced more time for dealers and sellers of electric vehicles to submit time-of-sale reports. This means you have until January 19th to submit a time-of-sale report for vehicles sold January 1st through January 16th. The IRS encourages you to use this extension...
READ MORENew Purchaser Agreement and Tax Credit Rules
On Monday, Efficiency Maine made several changes to the electric vehicle rebate program, most notably increasing the any-income rebate amount to $1,000 for plug-in hybrids and $2,000 for battery electric vehicles. To reflect the new rebate amounts, we released an updated Efficiency Maine...
READ MORENew EV Rebate Amounts and MSRP Limits
On 1/1/2024, Efficiency Maine’s electric vehicle rebate program made three changes: 1. Increase the any-income EV rebate amounts for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) FROM: $1,000 (new BEV, Any-Income) $500 (new PHEV, Any-Income) TO: $2,000 (new...
READ MOREFederal Tax Credit Update to Dealer Agreement
As previously announced, Efficiency Maine is integrating the clean vehicle federal tax credits into our Electric Vehicle Rebate Program. In October, the Purchaser Agreement and Dealer Reimbursement Form were updated to reflect the IRS tax credit reporting requirements. Today, we have updated...
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