Energy Tax Credits Expiring Soon

By Published On: September 25, 2025Categories: Businesses, Individuals, Tax News, Tax Tips, Services - Tax

Many federal and Minnesota energy-related tax credits and incentives are winding down. Popular programs for home energy improvements, solar installations, and clean vehicles are set to expire at the end of 2025 unless new legislation extends them. Minnesota’s state EV rebate has already run out of funding, and other state rebate programs will continue only while funds remain.

What this means for you: If you’re considering energy upgrades, installing solar, or purchasing a qualifying electric vehicle, the timing of your project is critical. To claim many of these credits, work must be completed by December 31, 2025.

What to do next

Every situation is different. Credits depend on installation dates, product qualifications, and program funding. Before you move forward:

Reach out to your SDK CPA advisor. We’ll help you:

  • Confirm which credits or rebates still apply to your project.
  • Verify installation or purchase deadlines.
  • Ensure you have the documentation you’ll need to claim benefits.

Bottom line: Many opportunities to save on energy projects are ending soon. Don’t leave money on the table—connect with SDK today to review your plans and make the most of available credits and rebates.