Tax Incentives

Tax Incentives for Energy Conservation and Renewable Energy

Federal Tax Credits Available for Certain Energy Star Residential Equipment

Database of State Incentives for Renewables & Efficiency (DSIRE)

Massachusetts Incentives

Energy Savings Tip

“Conduct an energy audit of your home to find air leaks and to check for the proper level of insulation. Common sources of air leaks include cracks around windows and doors, gaps along baseboard, mail chutes, cracks in brick, siding, stucco or foundation, or where any external lines (phone, cable, electric, and gas) enter the home.”

Tax Incentives for Electric Vehicles (EVs)

Federal EV Tax Credits

Massachusetts EV Tax Credits

How to Receive Tax Credits for EVs

 

EV Cost Savings Tips

Did you know that EV incentives aren’t limited to standard drivers? There are tax credits and grants available for businesses and state entities.

Massachusetts EVIPs Fleet Incentives: MassEVIP Fleets is a grant program offered through the Massachusetts Department of Environmental Protection (MassDEP). The program offers grants of up to $7,500 for public entities to purchase or lease electric vehicles or plug-in hybrid electric vehicles or electric vehicle charging stations.

Federal Alternative Fuel Infrastructure Tax Credit: The Federal Alternative Fuel Infrastructure Tax Credit offers a tax credit to business owners who install EV charging stations on their property of 30% of the project cost up to $30,000 per site. Businesses that install EV charging stations between January 1, 2018 and December 31, 2021 are eligible for the credit.

Please consult a tax professional or the federal or state tax agencies for more information on available state and federal tax credits and incentives.