Electric Vehicle Rebate Program Funding Round Begins October 28

The Illinois Environmental Protection Agency recently announced the opening of a new round of the electronic vehicle rebate funding program that is available to Illinois residents that purchased a new or used all-electric vehicle from an Illinois licensed dealer, meet all other eligibility requirements, and apply during a rebate cycle will be eligible for a rebate.

The Illinois EPA will open the next EV Rebate Program funding round on October 28, 2025. The funding round will run from October 28, 2025, to January 31, 2026. EV rebates are subject to the availability of funds for each cycle, and applicants must apply during the rebate cycle window and within 180 days of purchase of the vehicle.

There were several changes to the rebate program; important updates for FY26 include:

• Vehicle price cap of $80,000
• $2,000 rebate for eligible EVs ($4,000 for low-income applicants)
• Cap on the income of applicants
• Change to the definition of low-income applicant
• Expanded 180-day window to apply after purchase

Additional information will be available on the Illinois EPA's Electric Vehicle Rebate Program webpage.