If you’re shopping for an electric vehicle (EV) or a plug-in hybrid (PHEV) in Glenwood Springs, Colorado, you may be able to stack a few different incentives to lower your total cost. Some programs help with the vehicle purchase or lease, and others help with home charging or public charging projects.
Colorado EV Tax Credit (State)
Colorado offers a state income tax credit for qualifying new light-duty EVs. For calendar year 2025, the credit for a light-duty EV is $3,500. If the vehicle’s MSRP is under $35,000, Colorado may allow an additional $2,500 credit. The state’s credit amounts can change by year, so it’s smart to confirm the current credit for the year you plan to buy or lease.
Vehicle Exchange Colorado (VXC) Rebate
If you have an older, higher-emitting vehicle, Vehicle Exchange Colorado (VXC) may help you replace it with a qualifying new EV or PHEV. Edmunds lists a maximum rebate of $9,000 for income-eligible residents, applied at the point of sale through participating dealers. This is a huge opportunity if you qualify, because it can reduce your upfront cost right away.
Charging Incentives and Grants
Charging support can come from a few places. Qmerit highlights that some Colorado utilities offer EV rebates and home charger rebates. For example, their roundup lists income-based EV rebates through Xcel Energy and home-charger incentives that can be larger for income-qualified households. If you’re planning a workplace, multifamily, or community charging project, Colorado’s Charge Ahead program can fund a large share of charger costs, with set maximum incentive amounts by charger type.
Work with our Dealership
Before you buy, confirm eligibility rules (vehicle type, MSRP limits, and residency), keep your paperwork, and check whether your dealer or utility can apply incentives at the point of sale. At Land Rover Roaring Fork, we are pleased to help you every step of the way when transitioning to an electric vehicle.