The Orange County Power Authority (OCPA) is urging residents to take advantage of federal clean energy tax credits that are set to phase out in the coming months due to new budget legislation. These credits, part of the Inflation Reduction Act, offer substantial savings for those investing in clean energy solutions.

Key incentives include:

– Up to $7,500 for new electric vehicles (EVs) and up to $4,000 for used EVs, expiring September 30, 2025.
– 30% tax credits for heat pump water heaters and HVAC systems (up to $2,000), expiring December 31, 2025.
– 30% tax credits for home battery systems and solar installations, expiring December 31, 2025.
– 30% tax credit for installing a home EV charger (up to $1,000), expiring June 30, 2026.

OCPA Board Chair Susan Sonne emphasized the urgency for residents considering the purchase of EVs or energy-efficient home systems to act quickly to secure these credits. OCPA also offers local programs such as a Residential Battery Rebate and the Charge@home program, each providing a $1,000 rebate.

For more information about these programs and additional opportunities, including the OCPA Marketplace with discounted home items, visit https://www.ocpower.org/energy-programs/incentive-finder/.

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