Davids Announces New Tax Credits to Lower Electric Costs and Reduce Carbon Emissions in Kansas

Press Release

Today, Representative Sharice Davids announced new cost savings and tax incentives for Kansans who electrify their home and vehicles. The tax credits and rebates are available to households who install new energy-efficient windows, doors, water heaters, furnaces, and other appliances or purchase a new or used electric vehicle. For more resources to lower costs, Kansans can visit Davids' Lower Costs webpage.

"I continue to hear from Kansans who are struggling with rising prices at the grocery store, gas pump, and pharmacy. That's why I'm doing everything I can to bring down those costs," said Davids. "These new incentives to go electric will not only save Kansans money, but also help save our planet. I'll continue supporting these efforts and Kansans every step of the way."

Every Kansas household is eligible to receive an average of $10,600 in benefits to upgrade their homes with a variety of appliances, including heat pumps, heat pump water heaters, electric stoves, electric dryers, and rooftop solar panels. Once they have electrified their home and water heating, households will save on average $1,800 per year. If Kansans utilize all the federal funds available over the next decade to electrify their homes and vehicles, $8 billion in residential electrification benefits will have been invested across the state, generating 48,623 total new jobs in Kansas.

Rather than tax credits, rebates are available to low- and middle-income families who purchase energy-efficient electric appliances. To qualify for a rebate, a family's total annual income must be less than 150% of the median income where they live.

These savings were included in the Davids-supported Inflation Reduction Act -- comprehensive legislation to lower health care and energy costs and reduce the national debt by more than $300 billion. Along with allowing Medicare to negotiate for lower drug costs and capping the cost of insulin at $35 a month for Medicare beneficiaries, the new law:

Accelerates U.S. manufacturing of solar panels, wind turbines, batteries, and critical minerals processing through targeted incentives;
Requires three offshore oil and gas lease sales by the end of 2023, boosting American energy production in the short term to lower gas prices and reduce reliance on foreign countries;
Includes the largest ever climate and energy investment that will reduce harmful emissions 40 percent by 2030.

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