Buying an EV? Here’s what you need to know about the $7,500 tax credit for a new electric-vehicle purchase
Recent changes to the law can mean upfront tax savings and lower energy bills going forward for many home and vehicle ownersThe sweeping energy law Congress passed in August 2022 includes major changes to tax incentives for consumers to electrify their homes and vehicles.
These measures are separate from about $9 billion of home-energy rebates aimed mostly at lower-income households, which state officials will distribute beginning in mid-to-late 2023.
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