Thinking of Going Green? The Time to Act is NOW, Before Trump's Tax Law Takes Effect
Unless you’ve been living under a rock, you’re aware that President Trump’s tax bill has eliminated the numerous tax credits created during the Biden administration to subsidize the greening of American homes and transportation.
These cuts take effect with at the end of September or the end of the year, so if you have had any thoughts about making your home more energy efficient or buying an EV, now is the time to act.
At home, you can save big on everything from improved insulation and air-tightness, to replacing your gas water heater and furnace with heat pumps, to installing solar panels to power those appliances. Email me (jim@goldenrealestate.com) if you’d like suggestions of trusted vendors for any of those three tasks, but hurry because they are probably being flooded with customers looking to take advantage of those programs before they expire.
This is also your last chance to invest in an electric vehicle before those incentives go away. I can give you advice there, too, or visit www.JimSmithColumns.com for articles and reviews I have written about different EVs.