Are you thinking about buying an EV (electric vehicle) or a PHEV (plug-in hybrid electric vehicle)? Did you know you could get up to $15,000 in tax credits? Up to $7,500 in Federal tax credits are available for new EV/PHEV’s but there are income and vehicle requirements. For used cars, there is up to $4,000 available but with different requirements. Colorado will give you $5,000 for your new EV/PHEV. Starting next year you can get another $2,500 if the vehicle’s MSRP is under $35,000.
Sandy Long will review the complex restrictions and applicable vehicles for each of these. We will also look at some examples. Learn how you could get a Chevy Equinox for $13,200!
Incentives in the Inflation Reduction Act for heat pumps, solar systems and battery storage will also be discussed.
Registration is free; to register and obtain a link for this Tech Talk, please send your name and email to edu@arkvalleyenergyfuture.org by Wednesday, Aug. 9.
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