ComEd Offers $100 Million in EV Rebates to Make Illinois Greener

Chicago-based utility provider ComEd has a simple yet lofty goal: one million electric vehicles on Illinois roads by the year 2030. 

And to hit that mark… they’re ready to put their money where their charging stations are. 

Com-Ed is offering a total of $100 million in rebates to help drive EV growth in the state of Illinois. The rebate program – part of a larger state-wide effort to boost the number of EV drivers in the state – aims to reduce the costs of installing EV charging hubs in homes, businesses, and public sites throughout northern Illinois.

What’s Included in the Rebate Program? 
ComEd announced the initiative on February 6 of this year. It follows a program from 2024, which provided $87 million in rebates to build out charging infrastructure in the Chicago area and most of northern Illinois. This year, the power company is investing an additional $13 million to help the state reach their electric goal. 

In total, ComEd’s 2025 program will provide: 

✅ $53 million in rebates for businesses and public sector EV fleet purchases, including small businesses that buy at least one EV for commercial use. 
✅ $38 million for required upgrades needed to install public and private Level 2 and Level 3 charging stations for non-residential customers. 
✅ $9 million to residential customers to help offset purchase and installation costs of at-home Level 2 charging – with rebates of up to $3,750 per charger! 

Click here for more information on ComEd’s EV rebate program!

Do You Know About EV Rebates? 
Outside of ComEd’s initiative, many EV owners don’t even realize they’re already entitled to government incentives. When you purchase a new or used EV, you could qualify for a government-backed tax credit. 

✅ If you buy a NEW electric vehicle, you may be eligible of a tax credit up to $7,500! 
✅ If you buy a USED EV, you may qualify for up to $4,000! 
✅ Drivers can choose to either claim the credit on their taxes… OR transfer the credit to an eligible dealer for an IMMEDIATE DISCOUNT at purchase! 

The benefits to going green have already become more apparent in recent years. Factors that once seemed hinderances to electric vehicles in their early years, such as limited range, have turned into prime features. By switching to zero emissions, you’re doing more than simply eliminating your carbon footprint; you’re opening a door to reduced fuel costs, lower maintenance costs, and lower running costs. 

And now… going green can also add some more green to your wallet.  

Go Green at Ray Chevrolet Today!
Ray Chevy is the EV headquarters of Fox Lake and its surrounding areas. The all-new 2025 Chevy Silverado EV is now in stock and ready to roll! Plus, discover more of Chevy’s electrified versions of your favorite vehicles – including the Blazer EV and Equinox EV! 

Stop in and test drive an EV or hybrid today, and learn how you can qualify for your EV rebate! After all, we’re all about the green here at Ray Chevrolet of Fox Lake! 

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