Introducing Green Beverly's Drive Green

Are you planning to buy a new or used car this year? Have you considered an electric vehicle? There are loads of Federal and state tax incentives available, in addition to a hyperlocal rebate program sponsored by Green Beverly for Beverly residents!

Drive Green is a new initiative from Green Beverly to encourage Beverly residents to invest in more electric vehicles and home charging stations.

Tax Incentives & Rebates

  • Are there any Federal tax incentives for buying an electric vehicle?

    Yes! New all-electric, plug-in hybrid, and fuel cell electric vehicles purchased in 2023 or after may be eligible for a federal income tax credit up to $7,500. Pre-owned vehicles may be eligible for a federal income tax credit up to $4,000. Refer here and here for more details.

  • Are there any state tax incentives for buying an electric vehicle?

    Yes! The MOR-EV program provides rebates up to $3,500 for the purchase (or lease) of fully electric vehicles and up to $1,500 for plug-in hybrid EVs. National Grid also has a program to support the installation of home EV charging stations.

  • What about Green Beverly’s rebate program?

    Full details will be announced soon! Fill out our car interest survey and we’ll keep you updated about how to receive cash rebates for buying an EV and installing a home charging station.

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