Magnetic Refrigerators
Magnetic Refrigerators
Oak Ridge National Laboratory and General Electric have teamed up to create a revolutionary new type of refrigerator that uses magnets to create cold, also known as the magnetocaloric effect (lowering or raising the temperature of the material by changing the magnetic field).
Ultra-Efficient Heat Pumps
Ultra-Efficient Heat Pumps
The Building Technologies Office is ushering in the next generation of heat pump systems, which warm and cool your home by moving heat from one space to another. A fuel-fired, multi-function residential heat pump that can reduce primary energy consumption by 30 percent.
Clothes Dryers
Clothes Dryers
The same concept behind heat pump technologies that keep your home comfortable can also be used for another important application: drying your clothes. Oak Ridge National Laboratory and General Electric are developing a new type of clothes dryer that uses a heat pump cycle to generate hot air needed for drying.
Smarter, More Connected Homes
Smarter, More Connected Homes
We live in an increasingly connected world -- the same is true for our homes. New electronic devices and appliances can now be linked to the Internet to provide real-time data that makes it easier to understand and lower energy use.
Next-Gen Insulation
Next-Gen Insulation
Insulation is one of the most important ways to reduce your home heating and cooling costs. The Industrial Science & Technology Network is developing new foam insulation made with environmentally friendly and advanced composite materials that ensure heat doesn’t escape from the attic, walls and other areas of the home during cold winter months.
Advanced Window Controls
Advanced Window Controls
Lawrence Berkeley National Laboratory and Pella Windows are working on new highly insulated windows that use sensors and microprocessors to automatically adjust shading based on the amount of available sunlight and the time of day to ensure proper lighting and comfort, saving consumers energy and money.
Reflective Roofing Materials
Reflective Roofing Materials
Cool roofs coated with materials containing specialized pigments reflect sunlight and absorb less heat than standard roofs. Expect these types of roof systems to get even “cooler” due to new fluorescent pigments developed by Lawrence Berkeley National Laboratory and PPG Industries that can reflect nearly four times the amount of sunlight of standard pigments.

Energy-Saving Solutions

From heating and cooling to electronics and appliances, it takes a lot of energy to power our daily lives. Our homes use 37 percent more energy today than they did in 1980. But without energy efficiency -- through technology innovation and federal energy conservation standards -- this number would be a lot higher. In fact, even though our total energy use has grown, our energy use per household is down about 10 percent, despite that our homes are larger and contain more devices.

Energy Conservation Solutions

Feed not found.

Save Energy Systems

22 May 2019

Have a New Electric Car? Don’t Forget to Claim Your Tax Credit!

Hybrid and electric vehicles have become increasingly popular, partly due to the fact that drivers can save money by purchasing one of these cars. In 2018, researchers found that operating a gas-powered car is twice as expensive as operating an...

The post Have a New Electric Car? Don’t Forget to Claim Your Tax Credit! appeared first on HomeSelfe.


Hybrid and electric vehicles have become increasingly popular, partly due to the fact that drivers can save money by purchasing one of these cars. In 2018, researchers found that operating a gas-powered car is twice as expensive as operating an...

The post Have a New Electric Car? Don’t Forget to Claim Your Tax Credit! appeared first on HomeSelfe.

Hybrid and electric vehicles have become increasingly popular, partly due to the fact that drivers can save money by purchasing one of these cars. In 2018, researchers found that operating a gas-powered car is twice as expensive as operating an electric vehicle. But, this isn’t the only way motorists can save money with a hybrid or electric vehicle. There are several tax credits available to people who have recently purchased one of these eco-friendly cars, so you could save more during tax season as well. Here’s a look at the tax credits you may be able to claim this year:

Alternative Motor Vehicle Tax Credit

People who have purchased new eco-friendly vehicles may qualify for the Alternative Motor Vehicle Tax Credit. This credit is only available to the original purchaser of a qualified fuel cell car, which is a vehicle that obtains power from cells that are capable of converting chemical energy into electricity. The vehicle must also meet certain make, model, and year conditions established by the Internal Revenue Service (IRS) in order to qualify for this credit. Some of the vehicles that meet the requirements include:

  • Mercedes F-Cell 2012
  • Honda FCX Clarity Fuel Cell Vehicle 2012

This is not an exhaustive list, so it’s best to reach out directly to the manufacturer of the car to determine if your purchase makes you eligible for this credit.

To claim this credit, complete Form 8910 and submit it along with Form 1040. The exact value of this credit can vary, but eligible taxpayers should expect to receive a credit between $400 to $4,000.

Claim Your Tax Credit

Qualified Plug-In Electric Drive Motor Vehicle Tax Credit

The Qualified Plug-In Electric Drive Motor Vehicle Tax Credit is also available to certain taxpayers who have purchased an eco-friendly vehicle that is powered by electricity drawn from a rechargeable battery. The credit is only available to the original purchase of the vehicle, and it cannot be claimed if the car was purchased in order to be resold.

The vehicle’s manufacturer must be included in the Clean Air Act, and the purchase must have been made after December 31, 2009 in order to qualify. Fortunately, dozens of vehicles meet the IRS’s requirements for this credit, including:

  • Audi AE e-tron
  • Hyundai Sonata Plug-In Hybrid Electric
  • Hyundai Sonata Ioniq Battery Vehicle
  • Kia Soul Electric
  • Nissan Leaf
  • Jaguar I-Pace
  • Subaru Crosstrek Hybrid
  • Toyota Prius
  • Volvo XC90

A full list of vehicles that qualify can be found on the IRS’s website. If you are eligible for this credit, claim it by filling out Form 8936 and submitting it along with Form 1040. Eligible taxpayers can expect to receive a credit that falls between $2,500 and $7,500. This is a sizable credit that can lead to significant savings, so don’t forget to claim it on this year’s taxes. This is especially important since the credit will no longer be available after this year.

People who drive electric or hybrid vehicles save hundreds of dollars on gas every year, and now, they can save thousands more by taking advantage of these tax credits! It’s important to note that these are federal tax credits, so be sure to research whether or not your state has its own tax credits for electric or hybrid vehicle owners.

The post Have a New Electric Car? Don’t Forget to Claim Your Tax Credit! appeared first on HomeSelfe.


Read full article on Blog 2