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Electric Vehicle Rebate

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FOR A LIMITED TIME, SELCO IS OFFERING CUSTOMERS REBATES

ON 100% BATTERY ELECTRIC CARS AND PLUG-IN HYBRIDS

The SELCO EV Rebate Program provides SELCO customers with an incentive for the purchase or lease of new and used battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). The rebates include a fixed/flat amount, plus an amount based on usable battery size, plus an additional amount for income-qualified households. The rebate amounts are based on whether the vehicle is a BEV or PHEV and if it was purchased to own or leased. Please see the table below for rebate amount details.   

 

 

In addition to SELCO's rebate, Shrewsbury residents can also leverage other EV offers:

 

  • Check out Shrewsbury Federal Credit Union for EV Loans as well, they are offering all SELCO Customers a discount of .50% from their current auto loan rates for Shrewsbury residents participating in this EV rebate program!

  • Save even more with federal tax credits & incentives. Visit https://www.rewiringamerica.org/app/ira-calculator for a calculator of electrification incentives from the Inflation Reduction Act.

  • Massachusetts offers up to $3,500 as part of the MOR-EV program. Visit https://mor-ev.org/ for details.  

  • SELCO customers are eligible for up to a $700 rebate on a level-2 charger for electric vehicles (EVs) and plug-in hybrids (PHEVs) in exchange for enrolling the charger into the Scheduled Charging Program. Visit nextzero.org/shrewsbury/ev-charger-program/

How to Apply

Click here or go to www.ShrewsburyMA.gov/epermit and select SELCO

 

Applications are not considered complete without the following documents.

 

Necessary Documents
  • Vehicle sale receipt/contract/proof of purchase

  • Picture/photocopy of the driver’s license of the primary owner or lessee of the EV 

  • If pursuing Income Qualification Verification (at least one of the following)

    • The first two pages of the most recent federal IRS tax form 1040 (showing line 9) for each adult filing (single, married filing jointly, married filing separately, +/or head of household) within the household.  Area Median Income chart below

    • Proof of participation in any of the following government benefit programs within the previous 6 months: Fuel Assistance, WIC, TAFDC, EAEDC, SSP, SNAP, TANF, SSI, or Medicaid 

Terms and Conditions
  • This rebate is only for SELCO households with active accounts, in good standing. If not in good standing, a payment can be made to become in good standing, the Payment History step will be put on hold for 6 months. If the customer remains in good standing for that time, the step will be passed, if not, it will be failed and the customer is not eligible for a rebate. 

  • One rebate per licensed driver per lifetime.

  • Used vehicle purchases must be purchased from an unrelated seller from a different address. 

  • Rebates may not exceed 50% of the sale price.

  • Lease terms must be at least 36 months. 

  • A free Level 2 charger is available with the purchase of any electric vehicle and must be enrolled in SELCO’s device management platform. This must be applied for separately through MMWEC. 

  • Customers must have internet service from SELCO. 

  • New vehicle purchase price must not exceed $65,000 to qualify for rebate. Used vehicle value must not exceed $55,000 Book Value to qualify for rebate.

  • This offer is valid for qualifying vehicles purchased or leased January 1, 2023 through December 31, 2023.

  • For customer-use vehicles only; not available for vehicles intended for resale.

  • This rebate may be considered taxable income by the federal or state government. Consult a tax professional for advice and to determine the tax consequences of this rebate.

  • Customers must apply for a rebate within 90 days of vehicle purchase/lease. January 1, 2023 or later.

  • New Electric bikes (e-bikes) are eligible for a rebate. Must be pedal-assist and meet the definition of a “low-speed electric bicycle” under Federal law: 2-3 wheels, fully operable pedals, an electric motor of less than 750 watts. 

  • Electric motorcycles are eligible for the All Battery Electric Vehicle rebate schedule.

  • SELCO reserves the right to modify or end this offer at any time.

Questions concerning this program should be emailed to SELCO’s Integrated Resources Analyst: Patrick Collins at pcollins@shrewsburyma.gov or by telephone at 508-841-8313

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