GREEN MOUNTAIN POWER
Tremendous Customer Response to New GMP Electric Vehicle Rebates of Up To $2,500

GMP customers are switching to electric vehicles (EVs) after GMP launched new financial incentives on March 14^th. The new program offers up to $2,500 in rebates, and GMP has helped customers purchase or lease 88 all electric vehicles and plug-in hybrids. 21 of the rebates were extra incentives for low-and-moderate income customers.

"We're thrilled to partner with customers to help them make the switch to greener driving with these new rebates," said Mary Powell, President and CEO of Green Mountain Power. "The number one cause of carbon emissions in Vermont is fossil fuel powered vehicles, so doing our part to help customers switch to the cleaner convenience of EV driving will make a difference for the state and the planet."

Electric vehicles charged in GMP territory are powered with energy that is 90% carbon free and more than 60% renewable.  GMP is committed to having a 100% carbon free energy supply by 2025 and being 100% renewable by 2030. Drive Electric Vermont estimates that fueling your vehicle with electricity costs less, plus there are maintenance savings over the years you have the EV.

"The carbon and cost savings are wonderful! I drive a lot for work and having my new EV is making a difference," said Mike Skuro of Woodstock, who just got a new all electric vehicle with a GMP rebate. "Over the last few weeks of driving electric, I've probably offset 60 gallons of gas so far. With my old SUV I would have filled up multiple times." Skuro also signed up for GMP's free Level 2 charger (a $600 value) which helps you fully charge your EV in just a few hours at your home.

"These new incentives from GMP are complementing existing incentives and awareness campaigns to provide a big boost to EV sales - 88 EVs in a month is almost 50% higher than we've tracked over the past year. We are excited more Vermonters are experiencing the thrill of driving an EV, and the savings that come with ownership," said Dave Roberts of Drive Electric Vermont. "Drivers can look forward to thousands of dollars in fuel and maintenance cost savings over the life of their EVs as running on electricity is the equivalent of about $1.50 per gallon of gasoline and EVs are less costly to maintain."

You can learn more about GMP's new EV rebates here: https://greenmountainpower.com/product/ev-rebate/

And more on GMP's free charger program here:  https://greenmountainpower.com/product/home-level-2-ev-charger/

Drive Electric Vermont has great information on the benefits of electric vehicle ownership, and the state's growing network of public charging stations: https://www.driveelectricvt.com/buying-guide/cost-of-ownership

About Green Mountain Power

Green Mountain Power (GMP) serves approximately 265,000 residential and business customers in Vermont and is partnering with them to improve lives and transform communities. GMP is focused on a new way of doing business to meet the needs of customers with integrated energy services that help people use less energy and save money, while continuing to generate clean, cost-effective and reliable power in Vermont. GMP earned a spot on Fast Company's Most Innovative Companies in the World list three years in a row (2017, 2018, 2019).  GMP is the first utility in the world to get a B Corp certification, meeting rigorous social, environmental, accountability and transparency standards and committing to use business as a force for good. J.D. Power's 2018 rankings put GMP among top utilities for customer satisfaction.