Energy and Vehicle Credits

Electric Vehicle Tax Credits

TAX CREDITS FOR ELECTRIC VEHICLES (EVs), SOLAR PANELS AND HOME ENERGY USE IMPROVEMENTS

Download Claremont Management's informative guide on Energy and Vehicle Credits.

If you purchased an electric vehicle (EV) or fuel cell electric vehicle (FCV), or made qualified energy-efficient improvements to your home, such as installing solar panels, energy-efficient windows, or upgrading your HVAC system, you may be entitled to a tax credit. Our new PDF guide provides current energy and vehicle tax credit amounts, explains income requirements, annual limitations, how nonrefundable credits work, and more.

Topics covered include:

Energy Efficient Home Improvement Credits
Specific categories include: central air conditioners; natural gas, propane, or oil water heaters; natural gas, propane, or oil furnaces or hot water boilers;improvements or replacement of panelboards, subpanelboards, branch circuits, or feeders;windows and skylights;exterior doors;insulation and air sealing materials or systems specifically and primarily designed to reduce heat loss or gain;home energy audits;heat pumps and heat pump water heaters;biomass stoves and boilers.

Residential Clean Energy Credits
Specific categories include: solar electric panels; solar water heaters; wind turbines; geothermal heat pumps; fuel cells; and battery storage technology (with a capacity of at least 3 kilowatt hours).

Clean Vehicle Credits
For a new or previously-owned qualified plug-in electric vehicle (EV) or fuel cell electric vehicle (FCV).

EV and Energy Tax Credits Guide

File size: Approx. 311 KB

Download Energy and Vehicle Credits PDF