Floridian Clean Energy Tax Resources!

TL/DR –

The “Inflation Reduction Act,” passed by Democrats, has made several clean energy and home improvement tax credits available. These credits include up to $7,500 for new electric vehicles, up to $4,000 for used electric vehicles, up to $1,000 for electric vehicle chargers, a 30% tax credit for residential clean energy upgrades, and up to $3,200 for energy efficiency home improvements. These tax credits are expected to save Americans $38 billion on their electricity bills.

Tax season brings opportunities to lower costs through clean energy and home improvement tax credits thanks to the “Inflation Reduction Act.” This climate legislation from Democrats offers a plethora of tax benefits to cut back on your electricity bills and reduce air pollution.

Purchasing rooftop solar, Energy Star efficient appliances, and other energy-saving technologies can help you save money, with the Act’s tax credits projected to save Americans $38 billion on their electricity bills. 

You can take advantage of this saving by utilizing the following credits:

1. New Electric Vehicle Tax Credit: Up to $7,500 
2. Used Electric Vehicle Tax Credit: Up to $4,000 
3. Electric Vehicle Charger Tax Credit: Up to $1,000 
4. Residential Clean Energy Upgrades Tax Credit: 30% tax credit for clean energy upgrades
5. Energy Efficiency Home Improvement Tax Credit: Up to $3,200
6. Find other credits here.

Even if you missed these benefits this year, you can apply them next tax season. More support for Florida families and businesses to benefit from cleaner, cheaper energy options is on the way, including the Inflation Reduction Act’s Greenhouse Gas Reduction Fund.

There’s always assistance to help you navigate these incentive options. Explore more clean energy incentives included in Democrats’ climate and clean energy law through these additional resources:

Download a PDF version of these resources here.

—
Read More US Economic News