What Homeowners and EV Buyers Need to Know Under a New Proposed Law

ARTICLE | July 07, 2025

Over the last several years, federal tax incentives have encouraged homeowners and drivers to invest in eco-friendly solutions. From electric vehicles (EVs) that reduce emissions to energy-efficient home improvements, these incentives have often eased the financial burden for individuals looking to be more sustainable. Now, a sweeping proposal, commonly referred to as “The One, Big, Beautiful Bill,” is on the legislative horizon after clearing the U.S. House of Representatives. Although the Senate still needs to review and possibly modify this bill, the current wording suggests these green tax credits could be eliminated after December 31, 2025. If you are considering a new EV or planning energy-efficient home upgrades, it is crucial to understand what these potential changes might mean for your finances.

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