Due to America's quest for alternative energy to break its dependence on foreign oil, hybrid vehicles are hot button items.
The Energy Policy Act of 2005 provides a credit for taxpayers who purchased certain energy efficient vehicles between December 31, 2005 and December 31, 2010.
Rebates
Federal: up to $2,000 depending on the year of purchase.- Colorado: up to $4,310 depending on the model purchased.
- Connecticut: hybrid-electric vehicles are exempt from sales tax.
- Maine: up to $500 depending on the model purchased.
Louisiana: up to $1,500 or a state tax credit of two percent of the total cost of the vehicle.- New York: a tax credit of $2,000.
- Oregon: a residential tax credit up to $1,500.c
