POWER Act of 2025

This bill creates a $500 non-refundable tax credit for homeowners who purchase emergency generators for their primary residence. It applies only to individuals whose homes were in areas affected by two or more federally declared major disasters (excluding public health emergencies) within the past five years, and who previously received individual disaster assistance. The credit phases out for higher-income households ($300,000 joint filer limit, $150,000 for others) and expires two years after the bill becomes law. The credit covers generator costs up to $500 per household, aiming to help disaster-prone communities prepare for power outages.