Morelle highlights tax credits for people choosing cleaner energy
Press Release, Congressman Joe Morelle
ROCHESTER – Today, Congressman Joe Morelle highlighted tax incentives and other benefits available for individuals and families from the Inflation Reduction Act—legislation he helped pass last year.
“Too many families in our community continue to feel the pressure of rising costs. From healthcare to prescription drugs to simply heating their homes, families across our community are being forced to cut corners just to make ends meet,” said Congressman Joe Morelle. “Last year, I proudly voted to pass the Inflation Reduction Act, comprehensive legislation designed to take action on the issue affecting families the most, and now this year, many of these cost-saving provisions have begun to take effect. But the work is far from over, and I remain committed to working alongside my colleagues in Washington to lower costs in our community.”
The Inflation Reduction Act created both new and expanded clean electricity tax credits to incentivize the transition to a cleaner power supply, a transition expected to save families an average of $1,000 per year in energy costs.
The tax credits outlined by Morelle will make it easier and more affordable to upgrade to more efficient appliances, purchase an electric vehicle, install residential clean energy systems, and more. Millions of New Yorkers are now eligible to receive these tax credits.
Learn how you or someone you know can take advantage of these clean energy incentives by visiting Congressman Morelle’s website by clicking here.