How the Presidential Election Could Impact Renewable Energy Tax Credits

Credit to Author: Contributed Content| Date: Fri, 11 Oct 2024 20:14:09 +0000

President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 […]

The post How the Presidential Election Could Impact Renewable Energy Tax Credits appeared first on POWER Magazine.

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U.S. Department of the Treasury Releases Guidance to Expand Clean Vehicle Recharging and Refueling Infrastructure and Lower Transportation Costs for Americans

Credit to Author: US Department of Energy| Date: Thu, 26 Sep 2024 16:19:56 +0000

The Alternative Fuel Vehicle Refueling Property Credit Will Lower Costs for Clean Vehicle Infrastructure and Transportation The U.S. Department of the Treasury and Internal Revenue Service (IRS) issued a Notice of Proposed Rulemaking (NPRM) and additional guidance on the Alternative Fuel Vehicle Refueling Property Credit as expanded by the Biden–Harris Administration’s … [continued]

The post U.S. Department of the Treasury Releases Guidance to Expand Clean Vehicle Recharging and Refueling Infrastructure and Lower Transportation Costs for Americans appeared first on CleanTechnica.

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Regulations Impact Developments in Clean Hydrogen Production

Credit to Author: Contributed Content| Date: Thu, 05 Sep 2024 19:52:34 +0000

The recent release of proposed regulations to the Clean Hydrogen Production Credit by the U.S. Department of the Treasury and Internal Revenue Service (IRS) has stirred significant interest in the […]

The post Regulations Impact Developments in Clean Hydrogen Production appeared first on POWER Magazine.

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The Inflation Reduction Act: Saving American Households Money …

Credit to Author: Guest Contributor| Date: Fri, 09 Aug 2024 03:57:53 +0000

… While Reducing Climate Change and Air Pollution The Inflation Reduction Act, or IRA, extended and expanded tax credits that help households invest in residential clean energy such as solar panels, as well as home energy efficiency. New data from the Internal Revenue Service show that more than 3.4 million American families have already … [continued]

The post The Inflation Reduction Act: Saving American Households Money … appeared first on CleanTechnica.

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Improved EV Credits Makes the Switch Even Easier for US Drivers

Credit to Author: Guest Contributor| Date: Sat, 13 Jul 2024 18:30:19 +0000

To avoid the worst impacts of climate change we need to switch from gasoline and diesel to electric vehicles powered by clean electricity as soon as possible. While driving an electric vehicle (EV) can save drivers on fuel and maintenance, the upfront cost of electric cars and trucks can be … [continued]

The post Improved EV Credits Makes the Switch Even Easier for US Drivers appeared first on CleanTechnica.

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U.S. Treasury, IRS Updates Procedures for Qualified Manufacturers, Dealers, & Sellers of Certain Qualified Clean Vehicles Under the Inflation Reduction Act

Credit to Author: US Department of Energy| Date: Thu, 20 Jun 2024 19:11:16 +0000

WASHINGTON, D.C. — The Department of the Treasury and Internal Revenue Service issued Revenue Procedure 2024–26 June 7 for the submission of information by qualified manufacturers of new clean vehicles and dealers and sellers of new clean vehicles and previously-owned clean vehicles. This guidance provides additional procedures for qualified manufacturers … [continued]

The post U.S. Treasury, IRS Updates Procedures for Qualified Manufacturers, Dealers, & Sellers of Certain Qualified Clean Vehicles Under the Inflation Reduction Act appeared first on CleanTechnica.

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U.S. Department of the Treasury Announces More Than $1 Billion in Upfront Savings for Consumers on Electric Vehicle Sales

Credit to Author: Guest Contributor| Date: Thu, 13 Jun 2024 23:27:22 +0000

Total Consumer Savings on Fuel and Maintenance of Up To $3.2 Billion; Estimated Savings of $18,000 to $24,000 Over Life of Vehicle WASHINGTON — Yesterday, the U.S. Department of the Treasury and IRS announced consumers have saved more than $1 billion in upfront costs on their purchase of more than … [continued]

The post U.S. Department of the Treasury Announces More Than $1 Billion in Upfront Savings for Consumers on Electric Vehicle Sales appeared first on CleanTechnica.

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U.S. Department of the Treasury Releases Final Rules to Lower Consumer Costs, Continue U.S. Manufacturing Boom in Batteries & Clean Vehicles, Strengthen Energy Security

Credit to Author: Guest Contributor| Date: Fri, 03 May 2024 23:46:58 +0000

WASHINGTON — Today the U.S. Department of the Treasury and Internal Revenue Service (IRS) released final rules on the clean vehicle provisions of the Inflation Reduction Act (IRA) that are lowering costs for consumers, spurring a boom in U.S. manufacturing, and strengthening energy security by building resilient supply chains with … [continued]

The post U.S. Department of the Treasury Releases Final Rules to Lower Consumer Costs, Continue U.S. Manufacturing Boom in Batteries & Clean Vehicles, Strengthen Energy Security appeared first on CleanTechnica.

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Many Dealers Aren’t Offering The Point-Of-Sale Rebate, May Miss Key Deadline For 2023 Sales

Credit to Author: Jennifer Sensiba| Date: Thu, 11 Jan 2024 08:13:34 +0000

Some recent Reddit posts show us that there are some problems at used and new auto dealers. Not only are … [continued]

The post Many Dealers Aren’t Offering The Point-Of-Sale Rebate, May Miss Key Deadline For 2023 Sales appeared first on CleanTechnica.

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