FOR A LIMITED TIME, SELCO IS OFFERING CUSTOMERS REBATES ON 100% BATTERY ELECTRIC CARS AND PLUG-IN HYBRIDS
Electric Vehicle Rebate
| Vehicle Type | Flat Rebate | Income Qualified |
|---|---|---|
| New or Used All Electric Vehicle (EV) MY 2018 or newer | $1,000 | $600.00 |
| New or Used Plug-In Hybrid Electric Vehicle (PHEV) MY 2018 or newer | $400.00 | $240.00 |
| New Lease All Electric Vehicle (EV) | $800.00 | $480.00 |
| New Lease Plug-In Hybrid Electric Vehicle (PHEV) | $320.00 | $240.00 |
| New E-Bike | $200 | $120 |
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 and 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 https://nextzero.org/shrewsbury/ev-charger-rebate-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
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This rebate is only for SELCO households with active accounts, in good standing and residing primarily in Shrewsbury.
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 vehicle per licensed driver per lifetime.
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Used vehicle purchases must be purchased from an unrelated seller from a different address.
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Rebates may not exceed 50% of the sale price.
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Lease terms must be at least 36 months.
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The Selco rebate on a Level 2 charger is available with the purchase of any electric vehicle and must be enrolled in SELCO’s Connected Homes Program. This must be applied for separately through NextZero/MMWEC.
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Customers must have internet service from SELCO.
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New vehicle purchase price must not exceed $65,000 to qualify for rebate.
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Used vehicle value must not exceed $55,000 Book Value to qualify for rebate.
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2024 rebate offer begins for purchases or leases January 1, 2024 through December 31, 2024.
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For customer-use vehicles only; not available for vehicles intended for resale.
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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.
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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 Electric Vehicle rebate schedule.
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SELCO reserves the right to modify or end this offer at any time.
| AMI (Area Median Income) Worcester County | $77,000.00 | |||||||
|---|---|---|---|---|---|---|---|---|
| Household Size (People) | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8+ |
| Income Thresholds by Household Size | $61,600.00 | $70,400.00 | $79,200.00 | $88,000.00 | $95,000.00 | $102,100.00 | $109,100.00 | $116,200.00 |
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
