GM Volt could get $7,500 tax credit
October 3rd, 2008 Posted in Energy, PHEV, Politics, SolarThe financial rescue bill (aka the bailout) contains substantial tax credits for plug-in hybrid vehicles sold after 2008. This could mean about $7,500 dollars for a GM Volt, based on the size of its battery.
Here are some links:
Green Car Congress on the senate bill
If you have solar panels on your roof, any plugin hybrid vehicle has the potential of making your investment in solar pay off even sooner.
Update: Here is GM-Volt.com’s announcement of the tax credit