The Illinois Environmental Protection Agency (Illinois EPA) has revealed the launch of the Electric Vehicle (EV) Rebate Program, running from November 1st to January 31 of next year. Aimed at encouraging electric vehicle adoption, the program offers rebates to individuals purchasing new or used all-electric vehicles from licensed dealers in Illinois.

To qualify for a rebate, EV purchasers must apply within 90 days of their vehicle purchase date. The rebate fund, with an allocation of $12 million from the Illinois General Assembly, will be available until June 30, 2024. This fund will be available on a first come first serve basis.

John J. Kim, Director of the Illinois EPA, highlighted the program's success, noting over $19 million in rebates were awarded in fiscal year 2023. Kim stated that the program's early announcement allows potential buyers to plan accordingly.

 Eligible applicants can apply for rebates during this period, application forms and instructions will be accessible on the Electric Vehicle Rebate Program webpage starting October 18th.