EV Charging in Vermont: What the Numbers Mean
Vermont's residential electricity rate is 20.3¢/kWh — 4.2¢ above the national average of 16.1¢/kWh, which narrows EV savings somewhat. At that rate, a typical EV (3.5 mi/kWh) costs $696/year to charge at home for 12,000 miles.
Compared to a 30 MPG gas car at $3.35/gal ($1340/year for the same miles), EV home charging saves $644/year — $3,220 over 5 years, before incentives.
Home Charging vs Public Charging in Vermont
The biggest driver of EV cost is where you charge. Home charging at 20.3¢/kWh is always the cheapest option. Public Level 2 stations average around 50.8¢/kWh — 2.5x more expensive. DC fast chargers run about 36.6¢/kWh. Tesla Superchargers in Vermont are estimated at 41.6¢–51.7¢/kWh depending on membership.
Most EV owners do 80%+ of their charging at home overnight. If you don't have home charging access, the economics shift significantly — charging entirely at public DC fast chargers would cost $1255/year in Vermont, narrowing the gap with gas considerably.
Vermont EV Rebate: $5,000
Vermont MileageSmart EV Incentive: up to $5,000 for new BEV. Income-based tiers. Apply through Drive Electric Vermont.