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Electric Vehicle Charging Program

Woman Charging Electric VehicleIf you are in the market for an electric vehicle, consider Benton REA’s new incentive and loan options for purchasing a faster, Level 2, smart in-home charging station.

Download the Application: Electric Vehicle Charger Incentive and Loan

The Level 2 (240 Volt) charging station charges an electric vehicle in 8-10 hours as opposed to the 24 hours it takes a Level 1 charging station.

Members may be eligible for both the electric vehicle charging station incentive and loan.  Review the requirements for more details.

$300 Charging Station Incentive Requirements:

  • Must be a residential Benton REA member who owns the residence
  • Must purchase and install a residential Level 2 (240-volt) smart charging station for your all-electric vehicle. Hybrid vehicles do not apply
  • Set the charging delay to a time determined by Benton REA (such as 10 p.m.)

Electric Vehicle Charger Incentive Program Details

Charging Station Loan Terms (Up to $2,000):

  • Recipient must be a Benton REA member in good standing with no more than one delinquent payment
  • Must meet all requirements of the electric vehicle charging station incentive (see above)
  • Agree to a 3% interest rate
  • Agree to term loan that is a maximum of five years, non-transferable
  • The electric service must be used as collateral on the loan

Electric Vehicle Charger Loan Program Details

Members are encouraged to speak with Ron Mitchell, electric advisor, before applying for the electric vehicle charging station incentive and/or loan.  He can be reached at 509-786-8265 or rmitchell@bentonrea.org.

 

 

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