Energy Credits and Rebates
Looking for ways to save money while also helping to build a more resilient future for Nashville? Under the Inflation Reduction Act (IRA) of 2022, several tax laws have been created to encourage homeowners and businesses to adopt clean energy practices. These monetary incentives are designed to help reduce our nation's carbon emissions, while reducing your expenses at the very same time.
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Clean Vehicle Credit
Switching to an EV could pay off to the tune of up to $7,500 in tax credits.
If your electric vehicle was placed in service (delivered) on or after Jan. 1, 2023, and underwent final assembly in North America, you could be eligible for this credit. The total credit amount is dependent upon the vehicle's ability to meet new critical minerals and battery components requirements.
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ENERGY.GOV
Keep Conquering Energy Costs
Dive deeper into how the Department of Energy is making clean energy more accessible and affordable for homeowners, renters and drivers across the country, plus discover additional incentives and ways to save.
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Manage Your Energy
Rewiring America
As the leading electrification nonprofit, Rewiring America makes going electric easier for households and communities across the country. Explore their list of 2023 tax credits, electrification incentives for homeowners and renters, or their IRA Savings Calculator to learn how you can minimize your bill and your environmental impact.
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