* ENERGY ENVIRONMENT

FEDERAL AND STATE INCENTIVES TO GO GREEN

Federal Tax Incentives for Going Green: FOR MORE DETAILED INFORMATION GO TO THE IRS WEBSITE

Home Energy

Residential Clean Energy Credit: A 30% tax credit on the cost of installing solar panels, wind turbines, geothermal heat pumps, battery storage, and other eligible renewable energy systems for your home. This credit applies to systems installed from 2022 through 2032.

Energy Efficient Home Improvement Credit: Up to $3,200 in tax credits for qualifying energy-efficient home improvements like windows, doors, insulation, and heating and cooling systems. This credit applies to improvements made after January 1, 2023.

Vehicles:

Electric Vehicle Tax Credit: Up to $7,500 tax credit for purchasing a new electric vehicle, depending on the vehicle’s battery size and model year. Some income restrictions apply.

State Incentives for Going Green: FOR MOTRE DETAIL INFORMATION GO TO EFFICIENCY MAINE

Home Energy: Efficiency Maine Incentives: Efficiency Maine, a state agency, offers a variety of rebates and incentives for home energy efficiency upgrades, such as weatherization, heating and cooling systems, and appliances. The amount of the incentive varies depending on the type of upgrade and the income of the homeowner. (Image of Efficiency Maine logo)

Solar Energy Incentives: Maine offers a 30% tax credit for the installation of solar panels, up to a maximum of $600 per year. The credit applies to systems installed through 2032. (Image of solar panel installation in Maine)

Heat Pump Incentives: Maine offers a variety of incentives for the installation of heat pumps, including a 30% tax credit, rebates, and financing options. Heat pumps are an energy-efficient way to heat and cool your home. (Image of heat pump installation in Maine)

Transportation:

Electric Vehicle Rebates: Maine offers rebates of up to $7,500 for the purchase of new electric vehicles. The amount of the rebate depends on the model of the vehicle and the income of the buyer. (Image of electric vehicle charging station in Maine)

Used EV Rebates: Maine also offers rebates of up to $2,000 for the purchase of used electric vehicles.

Detailed rebates from efficiency Maine: