Save with Incentives

Summary: Going Electric Means Savings!

Description

Take advantage of big state and (disappearing soon federal) incentives and tax credits. 

Federal tax credits are disappearing soon, due to the budget passed by Congress in July 2025.  Almost all federal clean energy tax credits and direct payments to nonprofits and municipalities will no longer be in effect after Dec. 31, 2025. So, on the federal level, this relates to  heat pumps, heat pump hot water heaters, insulation, solar, windows, home energy upgrades, and more.  Electric vehicle subsidies already ended on Sept. 30, 2025.

However, Massachusetts and Mass Save still have GREAT rebates and incentives. Now, more than ever, it is important to celebrate and support the Massachusetts clean energy and climate goals.

• What's eligible? Chart from the Department of Energy
• Another great chart to see overall savings is on the Massachusetts Clean Energy Center (MassCEC) Benefits and Savings page. Just scroll down to the section called "Incentives."
• Calculate your tax credits from Rewiring America and related fact sheet 
• How to file - added information from the IRS

Get more in Massachusetts! 

The Mass Save program offers incentives for energy assessments, insulation, heat pumps, heat pump hot water heaters, induction stoves, and more. See this factsheet and more FAQs to understand how the Federal tax incentives work with Mass Save. Again, check out the Benefits and Savings chart of the MassCEC website (scroll down just a bit).

Electric Vehicles and Hybrids

• Massachusetts electric vehicle incentives  through MOR-EV provide a $3,500 rebate (cars) and $7,500 (trucks). There are additional savings ($1500) for income eligible families. Trading in a gas vehicle when you purchase or lease an EV? You are also eligible for a $1000 trade-in rebate for qualifying vehicles (12 years old).
• See state and federal incentives at the Drive Green Program from the Green Energy Consumers Alliance. Under the "Electric Vehicles" tab, use the Drive Green  "Find New or Used" button to see info on specific vehicles and state/federal rebate eligibility.
• Plus,  Eversource offers electric car and charging incentives.

Deep Dive

Steps to Take

1. Home Energy and Solar: Review MassSave rebates and financial benefits. Check to see if federal tax incentives apply to your action using this calculator and Department of Energy table listing eligible activities. File for federal tax credits using IRS forms - see explanation. Review this FAQs and factsheet to explain how the Federal tax incentives work with MassSave.

2. Electric Cars and Chargers: Review Massachusetts and Federal incentives cars and chargers. Review the FAQs about Massachusetts incentives.  Both National Grid and Eversource offer financial incentives and rebates for chargers. Check your utility bill to determine your utility. If you live in a community with a Municipal Light Plant, explore if they have incentives or rebates.