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Congress Fails To Renew Important Electric Vehicle Tax Credits

Homeowners could get $1,000 to buy this Clipper Creek Level 2 charger, but that was last year. (Flickr/The Digital Story)

Further proof that we have a do-nothing Congress came at the end of 2013, when our legislators failed to renew three important electric vehicle tax credits. Basically, they just didn’t get around to it before the New Year’s break. A total of 55 tax breaks went unaddressed.

The first credit, up to $1,000, was for homeowner alternative vehicle refueling, including the purchase of a 240-volt Level 2 EV charging station.
The second, for up to $2,500, could be used to offset up to 10 percent of the purchase price of an electric motorcycle (or three-wheeled EV).
The third, for businesses, allowed them a credit for up to 30 percent of an EV charger purchase, up to $30,000.

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