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Wednesday, September 13, 2022 | Department of Environmental Protection
The Inflation Reduction Act (IRA), which President Biden signed into law on August 16, included some big changes to the $7,500 federal tax credit for electric vehicles:
- Ended the cap on eligibility for each manufacturer when they had sold 200,000 vehicles.
- Only vehicles manufactured in the U.S. will be eligible.
- A new $4,000 tax credit for used electric vehicles.
- New limits on claiming the tax credit above a certain household income and vehicle price.
Some of these changes came into effect immediately after the President signed the law, some will come into effect on January 1, 2023, and others will come into effect at a later date. If you already placed an order on a vehicle before August 16, you can claim tax credits based on the policy that was in place prior to the IRA. For more information about the details, check out these sources:
Montgomery County provides a tax credit of up to $250 per household each year for devices that reduce demand for conventional fuels. Smart or network-enabled EV supply equipment are eligible for this credit as a "device which controls demand of appliances and aids load management." If you installed a home EV charger in the last 12 months or install one going forward, you can claim the tax credit by filling out this online form. Eligible equipment includes those chargers that are eligible for utility rebates from Pepco, BGE, and Potomac Edison.
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Over 500 attendees were on the line for our webinars on EV charging for condos, co-ops, and townhomes. If you missed the live event, a recording is now available. Hear from DEP, Office of Common Ownership Communities, Permitting Services, Pepco, Clarksburg Condominium Association, and the Montgomery County Green Bank about about best practices and resources to bring EV charging to your common ownership community.
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From crab feast to EV: Sustainable batteries could be made from crab shells (WTOP)
The Climate Bill Will Electrify More Delivery Vans and Trucks (Wired Magazine)
Even with mass adoption, electric vehicles increase demand on the grid only slightly (Spectrum News, Los Angeles, CA)
3 Things every EV driver should know about their tires (Canary Media)
Ford CEO to convince dealers to offer Tesla-like selling costs (Inside EVs)
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Poolesville Day
September 17, 10am-4pm
Over 200 electric vehicles will be on display at the 30th annual Poolesville Day. Come out this Saturday for test drives, informational seminars, and an LED light bulb exchange, as well as the Poolesville Day parade and street festival! In a special ceremony, a U.S. Army Veteran will be honored with a new Nissan Leaf following the parade.
National Drive Electric Week
Various events September 23-October 2
There are multiple events in Montgomery County and the greater Washington region where you can experience EVs, including at the Olney Farmer's and Artists Market on September 25. Type in your zip code to find an event near you.
Electrify Everything Webinar
October 6, 7-8pm
October is Energy Action Month and this year’s theme is “Electrify Everything.” Join Montgomery County Residential Energy Program Manager Larissa Johnson as she shares four things you can do right now to electrify your home. Once you make these changes, your home will be more comfortable, your indoor and outdoor air quality will be healthier, your monthly bills will be lower, and you will keep more money in your pockets. Fun giveaways will be mailed to those who attend.
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