Due to reaching the $2 million cap, the Green Rewards program will be suspended as of May 15, 2008. The program is under review and may be extended at a future time. Thank you for your interest and participation in this successful program.

Illinois drivers seeking relief from soaring gas prices are eligible for a $1,000 rebate with the purchase of a new hybrid or other fuel efficient vehicle.

Under its Green Rewards program, the Treasurer’s Office has committed $2 million in rebates to make high-mileage hybrid vehicles, which run on gasoline and electricity, more affordable.

Participating banks and credit unions agree to accept a discounted deposit rate from the state for one year in exchange for providing the $1,000 rebates to Illinois residents. The program is open to all banks and credit unions in Illinois.

Green Rewards:

  • Allows car buyers to realize an immediate cost savings in purchasing the vehicle
  • Results in lower costs at the pump
  • Significantly reduces harmful emissions that pollute the environment
  • Lessens America's dependence on foreign oil

Please contact our office for more information about Green Rewards by emailing cultivateillinois@treasurer.state.il.us or calling (217) 557-6436.

Amounts and Terms:

  • Buyers can receive one $1,000 rebate per eligible vehicle per calendar year.
  • Municipalities and businesses may exceed the one vehicle per year limit in order to green their fleets.
  • Original purchase date must be on or after July 15, 2007.

Program Eligibility:

  • Buyers must be Illinois residents.
  • Buyers must purchase a new, eligible hybrid, electric or fuel cell vehicle with less than 7,500 miles.
  • Buyers must receive financing from a participating financial institution on or after July 15, 2007.

There are no income or price restrictions.

Eligible Hybrids:

State Treasurer Alexi Giannoulias talks hybrids with Jack Darin, director of the Sierra Club’s Illinois Chapter.

Cadillac Escalade
Chevrolet Malibu

Chevrolet Silverado (2WD and 4WD)

Chevrolet Tahoe

Chrysler Aspen

Dodge Durango

Ford Escape (2WD and 4WD)
GMC Sierra (2WD and 4WD)

GMC Yukon

Honda Accord (AT and Navi AT)

Honda Civic (GX and CVT)

Honda Fit

Honda Insight CVT)

Honda Pilot

Hyundai Accent

Lexus GS 450h

Lexus LS 600H L

Lexus Rx400h (2WD and 4WD)

Mazda Tribute (2WD and 4WD)

Mercury Mariner (2WD and 4WD)

Nissan Altima

Saturn Aura Green Line

Saturn Vue Green Line

Toyota Camry

Toyota Highlander (2WD and 4WD)

Toyota Prius
Toyota Sienna


Compressed Natural Gas Vehicles, Hydrogen Fuel Cell and All Electric vehicles are also eligible. Hydrogen Fuel Cell and CNG vehicles are not currently sold in Illinois, but may be in the future.

How to apply:

  1. Apply for a loan at a participating financial institution. If your preferred bank or credit union is not a current participant, ask your lender to sign up for the program by calling (217) 782-2072.
  2. Your financial institution will complete and submit an application for deposit , acknowledgement form, and attachment 1 form.
  3. The application will be reviewed by our Banking Division for approval.
  4. Your financial institution will provide the $1,000 rebate at point of sale.
 
   

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