As previously announced, Efficiency Maine is integrating the clean vehicle federal tax credits into our Electric Vehicle Rebate Program. In October, the Purchaser Agreement and Dealer Reimbursement Form were updated to reflect the IRS tax credit reporting requirements. Today, we have updated theParticipating Dealer Agreementwith a new provision (#13) regarding the tax credits. The provision states: “Participating Dealer agrees to comply with IRS requirements regarding federal clean vehicle tax credits, including all dealer reporting requirements.” If you have any concerns about this new provision, please contact us email@example.com.
Additionally, if you haven’t already done so,make sure to registeron theIRS Energy Credits Online Portalto prepare for receiving direct tax credit payments for clean vehicle tax credits starting January 1. We encourage you to register ASAP, as there is a delay between initial registration and being able to receive payments.