Minnesota EV Rebate – Amount, Eligibility, How to claim it online?

Applications for the Minnesota primary EV rebate program open on February 7, 2024, at 10 AM Central Time. The program offers rebates of up to $2,500 for the purchase of new or used electric vehicles. 

Minnesota EV Rebate 

Starting from February 7, 2024, the Minnesota Department of Commerce will open applications for the Electric Vehicle (EV) Rebate Program. 

The program offers rebates of up to $2,500 for the purchase of new or used electric vehicles. The rebate program is part of the two-year, $72 billion state budget approved in the state legislature last year, earmarking $5 million for the rebates.

Funded by the Drive Electric Minnesota initiative, this program offers rebates for both new and used EVs purchased or leased on or after May 25th, 2023.

Minnesota EV Rebate Eligibility

 Here’s a concise overview of the eligibility requirements for both the main statewide program and some additional incentives:

Main Statewide EV Rebate Program:

  • Opens: February 7th, 2024, at 10 AM Central Time.
  • Vehicles: New or used EVs purchased/leased on or after May 25th, 2023.
  • Rebates:
    • New EVs: $1,500 – $2,500 based on battery capacity and efficiency.
    • Used EVs: Up to $600 for vehicles priced at $25,000 or less (excluding taxes and fees).
  • Key Eligibility:
    • Minnesota resident.
    • Licensed dealer or manufacturer purchase/lease.
    • Personal use vehicle (not for resale).
    • Meet model year and fuel efficiency requirements (check program website).

Minnesota EV Rebate Amount

The amount of your Minnesota EV rebate depends on whether you’re purchasing a new or used electric vehicle:

New EVs:

Minnesota EV Rebate 

  • Range: $1,500 to $2,500.
  • Factors determining amount:
    • Battery capacity: Higher capacity = potentially higher rebate (specific details available on the program website).
    • Vehicle efficiency: More efficient vehicles may qualify for larger rebates (details on website).
  • Additional requirement: New EVs must have a base MSRP of $55,000 or less (excluding taxes and fees).

Used EVs:

  • Maximum: Up to $600.
  • Additional requirement: Used EVs must have a purchase price of $25,000 or less (excluding taxes and fees).

Applying for the Minnesota EV Rebate Program

Excited to apply for the Minnesota EV Rebate Program? Here’s a breakdown of the process:

Program Start:

  • Applications open on February 7th, 2024, at 10 AM Central Time.

Application Process:

  • Prepare your documents:
    • Driver’s license
    • Electric utility bill at the time of EV purchase
    • Purchase agreement or lease agreement (or equivalent proof of purchase)
    • Create an account with the state’s payment system (instructions on program website)
  • Visit the program website: https://mn.gov/commerce/energy/consumer/energy-programs/ev-rebates.jsp
  • Submit your application electronically: Include all required documents and ensure accuracy.
    • Submit payment system registration: Create your account if not done already.

How to check the status of your application?

To check the status of your application for the Minnesota EV rebate program, you can follow these steps:

Access the State of Minnesota Supplier Portal:

  • If you don’t already have an account, create one.
  • Enter your login information to access your account.

Locate your application:

  • Once logged in, navigate to the “My Applications” section.
  • You can filter applications by date range, program, or application ID.
  • Locate your EV rebate application using the relevant filters.

View the application details:

  • Select your application to view the information.
  • Here, you can see the current status of your application, which will be one of the following:
    • Submitted: Your application has been received and is pending review.
    • Incomplete: There are missing documents or information required to process your application.
    • In Review: Your application is being reviewed by the program team.
    • Approved: Your application has been approved and you will receive a notification with further instructions regarding payment.
    • Denied: Your application has been denied for reasons outlined in the portal.

Factors affecting the timeline for receiving the Minnesota EV rebate

While receiving your Minnesota EV rebate after a successful application typically follows a smooth process, there are a few factors that could affect the timeline:

Application Processing:

  • Volume of applications: High application volume during the opening window could lead to longer processing times.
  • Completeness of your application: Ensure all required documents and information are accurate.

Payment Processing:

  • Method of payment: Choosing direct deposit might expedite the process compared to checks.
  • Verification of banking information: Inaccuracy or delays in verifying your bank details could hold up payment.
  • Technical issues: Occasionally, technical glitches on the state’s side can lead to temporary delays.

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