How do you value the battery storage component of the truck? The difference between a Powerwall and the Lightning is that your purchase price also includes, motors, radios, seats, etc.
I may also need a bail bondsman, a lawyer, a new orange speciality tailor as well...Don't forget to claim your MACR depreciation, while you are at it, since it's more than the GWRV to qualify for the "hummer rule."
Disclosure: This is not financial advice and you need to seek professional advice.
Also want to point out that the IRS gets $80 bn in additional funding when the bill is signed. So the good news is that you're more likely to have a faster answer to the OP's question when they are audited.
It's going to take 10 years to on-board 87,000 new employees, the bill instructs Treasury/IRS to spend the funds through out the time frame of 9/30/2032
There is probably a better way to approach the issue of bidirectional charging (BC) than applying for solar tax credits. But it needs to be addressed. With the shortage of raw materials and battery production facilities for lithium batteries expected to persist for some time, anything that can be done to make the best use of scarce resources should be encouraged by anyone serious about transitioning to renewable energy sources to reduce global warming.
This. I understand the comments regarding jump suits, orange tailors, tax professionals, IRS, etc... I never really posted saying that I thought I was going to apply that incentive, etc... However, I did want to broach the subject on the idea that our use-case for Ford Lightning is DIFFERENT. V2H is a new aspect and it combines both an incentive for a vehicle (which many of us are getting) and an electric power backup of which there is no incentive (other than a charger incentive by state for many of us but is applied to all EV charger installs). Per @world2steven 's eloquent words above, V2H is a new technology that is a preferred technology across the industry for a few various reasons. If the governments goal of improving our power grid, green energy, and move to diversification of energy sources is real, then V2Hshould therefore be incentivized. But it is not. SO adjustments to the current drafted bill would be a great thing in my opinion. Maybe I will tweet my local congressional representatives.
mill add this to the list of reasons I wonāt soon be touching Fordās HIS with a 10-foot pole: need to at least wait for the V2H rebate train!
The argument for bidirectional charging does not go away
We are talking about what makes sense here, not what makes money. Unfortunately, with the people we have in charge, it is the latter and not the former that's driving the train. It does NOT make sense to pay people to take resources off the market, urgently needed and in critically short supply, to electrify transportation and stow them in their garages - mostly unused if electric utility company reliability promises are to be believed.
You might be waiting a long time "for the V2H rebate train". But you do have a point about declining home ownership. There are lots of possibilities for making use of the power stored in EV batteries. Perhaps the wisest acronym to adopt is V2X - vehicle to X. But maybe we need to push V2B - vehicle-to-business - for reasons of expedience. Employers could benefit from the ability to keep the lights on with employee parking lots covered with solar and equipped with bidirectional chargers. Employees could benefit from free $5 a gallon 'gas' provided them while they work. Landlords of multifamily dwellings could benefit by installing bidirectional chargers allowing those employees to use the power for V2R - vehicle to residence.
āTwas sarcasm, no doubt