August 14 Updates: District of Columbia meeting, Alaska summit, Redistricting controversies, Emergency room issues, Homelessness predicament
From rooftop solar to energy-efficient appliances, there are numerous opportunities for individuals to make green investments and save money through various rebates and incentives. Here's a comprehensive guide to help you take advantage of these offers before they expire.
Rooftop Solar Rebates
With the Residential Clean Energy Credit, which offers a 30% tax credit, set to expire on December 31, 2025, under the One Big Beautiful Bill Act (OBBBA), it's crucial to act quickly if you're considering installing solar panels on your home. Additionally, check with your state or local government for any additional rebates, as some programs offer significant discounts, such as Delaware's Green Energy Program, which provides free systems for low-income households. Utility companies often offer rebates or discounts for solar installations as well.
Electric Vehicles (EVs)
Tax credits for new and used electric vehicles (30D and 25E) expire on September 30, 2025. Many states offer additional rebates or incentives for EV purchases, while some utility companies provide special EV charging rates or installation discounts.
Energy-Efficient Appliances
The Federal Energy Efficiency Home Improvement Credit (25C) covers up to 30% of costs for energy-efficient improvements like HVAC systems and insulation, with the credit expiring on December 31, 2025. Check with appliance manufacturers for any available rebates on energy-efficient models, and don't forget to explore utility company rebates for the purchase of energy-efficient appliances.
General Tips
- Act Quickly: With many credits expiring by the end of 2025, it's crucial to plan investments soon.
- Consult Professionals: Ensure eligibility for credits by consulting with tax professionals or installers familiar with the current incentives.
- Explore Additional Local Incentives: Beyond federal credits, state and local governments may offer additional savings opportunities.
Other News
- 'And Just Like That', the latest instalment of Sex and the City, has concluded, with a list of its most memorable highs and lows.
- Jerry Jones, the owner of the Dallas Cowboys, has successfully treated his advanced melanoma through an experimental trial drug.
- In many rural American hospitals, there may not be a single doctor on-site when a patient arrives in the emergency room, with physician assistants or nurse practitioners treating patients instead.
- Today's weather forecast can be checked locally.
- President Trump and Russian President Vladimir Putin are meeting in Alaska for a historic summit, while pro-Ukraine protesters are demanding no concessions in exchange for the Kremlin ending its war in Ukraine.
- Texas Democrats have stymied Republicans' attempts to redraw the state's congressional districts by remaining out of state, but have signalled their intention to end the redistricting standoff and return to Austin.
- A University of Nebraska football player shed tears during a news conference, sparking discussions about masculinity and public displays of emotion.
- The Trump administration wants to cut funding for the Housing First policy, which moves chronically homeless people into permanent housing without requiring them to be sober or in treatment beforehand.
- A group of rabbits in Colorado has contracted a virus that causes grotesque, hornlike growths to protrude from their faces.
- In Washington, DC, Attorney General Pam Bondi ordered DC's mayor and police department to accept Terry Cole, the head of the DEA, as the district's "emergency police commissioner."
- 54% of Americans say they consume alcohol, according to a new Gallup poll.
- A. Taylor Swift did not announce a new studio album, podcast, or Swiftie book club this week.
- A Los Angeles-area 11th grader, who is in the country without legal permission, is afraid to return to school.
