Important Notice: The applications for the DRIVE EV and the Erika Niedowski E-Bike Rebate Programs reopened and are now live! DRIVE EV Applicants: Please be aware that rebate amounts for NEW zero-emission vehicles have been adjusted due to limited funding availability. We are actively working to maximize these program funds to ensure that Rhode Islanders making these purchases or leases can benefit from receiving a state rebate. Click here to learn more.
DRIVE EV FLEET DRIVEEV FLEET provides EV rebates of $1,500.00 for the purchase or lease of new battery electric vehicles and fuel-cell electric vehicles for qualified small businesses, non-profits, and public sector entities, or, $1,000.00 for the purchase or lease of used battery electric vehicles and fuel-cell electric vehicles. Qualified entities may submit an application(s) for up to five (5) vehicles every twenty-four (24) months. Qualified entities for the DRIVEEV FLEET program are defined as follows: RI Small-Businesses [1] (defined as firms employing fewer than 500 employees – Per SBA.GOV definition) RI Non-Profits [2] RI Public-Sector entities (e.g., State, Quasi-State, and municipal agencies; school districts and public libraries) Qualified entities may be eligible for an additional $500.00 rebate if located within these municipalities with the highest asthma rates due to traffic exposure, as defined by the Rhode Island Department of Health [3]: Central Falls, Cranston East Providence Pawtucket Providence From the date of purchase/lease, applicants will then have one hundred and twenty (120) days to apply and provide OER with all required supporting documentation, including copies of: a valid Rhode Island registration certificate for the electric vehicle; the final sales or lease contract, including an itemization of credits, discounts, and incentives received (if applicable); local business license, articles of incorporation, articles of organization, statement of information, or other formation documents filed with the Rhode Island Secretary of State, or other; and a signed W-9 form. Importantly, if a qualified applicant does not submit all required support documentation within one hundred and twenty (120) days, as indicated above, OER will release the “reserved” rebate funds back to the DRIVEEV FLEET program and a new application will need to be submitted. The DRIVEEV FLEET Program Administrator will communicate with the applicant regarding their application via email. It is the applicant’s responsibility to check all DRIVEEV FLEETrelated emails for status updates and requests for additional information or documents required to complete the application. OER will review all submitted materials for completeness and to ensure the applicant meets all eligibility requirements. If approved, OER will award the appropriate rebate amount directly to the applicant in a single payment by check within four to six (4-6) weeks from the date of final approval. [4] OER reserves the right to modify the DRIVEEV FLEET program and its terms and conditions and/or terminate the program at its sole discretion. The submittal of a rebate application form does not guarantee award. DRIVEEV FLEET Program Requirements and Rebate Amounts NEW Electric Vehicle USED Electric Vehicle $1,500.00 rebate for new Battery Electric Vehicles (BEVs) or new Fuel-Cell Electric Vehicles (FCEVs) $1,000.00 for used Battery Electric Vehicles (BEVs) or used Fuel-Cell Electric Vehicles (FCEVs). Purchase or lease a new eligible EV with an agreed upon value of the vehicle at or below $60,000.00* * $60,000.00 price cap does not include taxes, registration fees, delivery fees, and any capitalized cost reductions including incentives, rebates, negotiations, trade-in allowance, cash deposits, and any other similar reductions that could be considered a capitalized cost reduction. Purchase or lease a new eligible EV with an agreed upon value of the vehicle at or below $40,000.00* * $40,000.00 price cap does not include taxes, registration fees, delivery fees, and any capitalized cost reductions including incentives, rebates, negotiations, trade-in allowance, cash deposits, and any other similar reductions that could be considered a capitalized cost reduction. Leased vehicles (used) are required to have a lease term of at least twenty-four (24) months to qualify for the program. Leased vehicles (used) are required to have a lease term of at least twenty-four (24) months to qualify for the program. Purchase or lease date must be on or after 07/07/2022 Purchase or lease date must be on or after 07/07/2022 One application up to 5 vehicles (per 24-month period).[5] One application up to 5 vehicles (per 24-month period).[6] Eligible vehicles must be purchased or leased by a Rhode Island resident at a licensed Rhode Island automotive dealership or at a qualified Out-of- State dealership and registered in Rhode Island. Eligible vehicles must be purchased or leased by a Rhode Island resident at a licensed Rhode Island automotive dealership or at a qualified Out-of- State dealership and registered in Rhode Island. From the date of purchase/lease: Applicants will have one hundred and twenty (120) days to provide OER with all required supporting documentation From the date of purchase/lease: Applicants will have one hundred and twenty (120) days to provide OER with all required supporting documentation List of Qualifying Out-Of-State dealerships*: Volkswagen of North Attleboro - 563 Kelley Blvd #152, North Attleborough, MA 02760 Boch Nissan South - 685 S Washington St, North Attleborough, MA 02760 Boch Toyota South - 620 S Washington St, North Attleborough, MA 02760 Patriot Subaru of North Attleboro - 551 S Washington St, North Attleborough, MA 02760 Kia of Attleboro - 795 Newport Ave South Attleboro, MA 02703 Stateline Subaru - 1451 Brayton Point Rd, Somerset, MA 02725 Courtesy Mitsubishi - 11 Scott St, Attleboro, MA 02703 Milford Nissan – 320 East Main St, Milford MA 01757 Bob Valenti Chevrolet - 72 Jerry Browne Rd, Mystic, CT 06355 Copeland Chevrolet - 955 Pearl St, Brockton, MA 02301 * If the dealership is not listed here, please make sure to contact us directly. Exceptions may be made on a case-by-case basis. OER cannot guarantee rebates will be approved from dealerships not on this list. For additional information, please click here for the DRIVE EV Guidance Document. APPLY HERE! [1] Small businesses are defined as firms employing fewer than 500 employees – Per SBA.GOV definition [2] RI Non-Profits are defined as 501(c)(3) organizations, which means they are formed for religious, charitable, scientific, literary, or educational purposes and are eligible for federal and state tax exemptions. [3] The traffic data comes from EPA EJScreen. Information provided by RIDOH. OER reserves the right to modify the list at any time based on new data provided by RIDOH. [4] Processing times may vary. [5] Applicants will have to wait twenty-four months to reapply for the program [6] Applicants will have to wait twenty-four months to reapply for the program
