Solar panels sit on rooftops at a housing development in Folsom, Calif., Wednesday, Feb. 12, 2020.

Rich Pedroncelli, File/Associated Press

The Inflation Reduction Act included some environmental incentives that took effect on January 1. The bill includes tax credits for electric vehicles, solar panels, and home energy updates. Americans could save thousands by making their homes more efficient while claiming tax credits.

The Inflation Reduction Act — the Democrats' big tax, climate, and...

Continue Reading A flurry of environmental tax breaks just came into effect thanks to last year's climate bill. From solar to electric vehicles, here's how you could save thousands of dollars.