The Energy Consumer's Bulletin- a New England energy news blog

The Energy Consumer's Bulletin

Larry Chretien & Anna Vanderspek

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Federal Tax Credit in Jeopardy

Posted by Larry Chretien & Anna Vanderspek on Friday, November 10, 2017 @ 03:15 PM

As you may have heard, the existing federal tax credit of up to $7,500 for electric vehicles (EVs) would be repealed under the tax legislation filed in the U.S. House of Representatives with support from the White House last week. If the tax bill is passed in its current form, the EV tax credit would be available for 2017 purchases but not for 2018 and beyond. We strongly oppose the repeal of the EV tax credit. If you are concerned too, please contact your US Representative and express your feelings. But honestly, we know that the Massachusetts and Rhode Island delegations will be opposed to the tax bill for several reasons.

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Tags: electric vehicles

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