The Obama administration will reform the plug-in electric vehicles tax credit program so that the $7,500 credit could be given to buyers at the point of purchase. David Sandalow, the Department of Energy’s assistant secretary for policy and international affairs, said that changes will be made in order that the current credit can be claimed by dealers or others. He said that the consumers will be made to benefit from the credit, saying that this incentive will be more effective this way than if it is applied against income tax returns (which may mean waiting up to a year).
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