to Qualify for Federal EV Charger Tax Credits In an unexpected twist to the Biden regime’s environmental policy, affluent areas, including Martha’s Vineyard, Montauk, and parts of Nantucket, have been designated as “low-income” communities, making them eligible for federal tax credits for electric vehicle (EV) charger installations, Daily Caller reported.
As part of its efforts to encourage the adoption of EVs, the administration has extended a subsidy program, which was initially targeted at increasing access to EV chargers in underserved communities.
The White House recently announced the initiative, promising “up to 30% off the cost of the charger to individuals and businesses in low-income communities and non-urban areas.”
“The Department of Treasury and the Department of Energy are releasing intended definitions for eligible census tracts that will confirm that the Inflation Reduction Act’s 30C EV charging tax credit is available to approximately two-thirds of Americans. This tax credit provides up to 30% off the cost of the charger to individuals and businesses in low-income communities and non-urban areas, making it more affordable to install EV charging infrastructure and increasing access to EV charging in underserved communities,” the White House announced last month.