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Published byRodney Chase Modified over 9 years ago
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Clean Cities / 1 Kellie Walsh, Transportation Energy Connections Robin Erickson, Utah Clean Cities Utah Clean Cities EPAct and Stakeholder Fleet Workshop Federal and State of Utah AF and AFV Incentives
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Clean Cities / 2 –Vehicle Incentives (primarily for NG and LPG) Federal tax credits range from $ 2,500 to $ 32,000 depending on GVWR –$ 2,500-$ 4,000 for vehicles up to 8,500 lbs. (incremental cost cap : $ 5K) –$ 5,000-$ 8,000 for vehicles between 8,501-14,000 lbs. (icc: $10K) –$ 12,500-$ 20,000 for vehicles between 14,001-26,000 lbs. (icc: $ 25K) –$ 20,000-$ 32,000 for vehicles over 26,000 lbs. (icc: $ 40K) QAFMV may be either new, original equipment installation vehicles or prior use vehicles which have been repowered to use an alternative fuel by an aftermarket installer. Credit is effective for vehicles placed in service after 12-31-05 and currently set to expire on 12-31-10. Extensions of this credit are in the NAT GAS Act and other bills and/or amendments currently making their way through Congress…. Most include major increases in ICC and 80% for dedicated and 50% for bi-fuel. Federal Alternative Fuel Incentives
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Clean Cities / 3 Hybrid light-duty –The vehicle must be placed in service after 12-31-05 and purchased on or before 12-31-10. –http://www.irs.gov/businesses/corporations/article/0,,id=203122,00.htmlhttp://www.irs.gov/businesses/corporations/article/0,,id=203122,00.html –Maximum credit to date $3,150 for the Prius –Credit phases out once manufacturer hits 60,000 hybrid vehicle sales PHEV –New PHEVs placed in service after 12/31/09 can receive $2,500 to $7,500 depending on battery storage capacity –PHEV conversions can also receive tax credits for 10% of conversion not to exceed $4,000 through 12/31/11 Other BEVs: Low speed, motorcycles and three-wheelers –10% of the vehicle cost up to $2,500 through12/31/11 Federal Vehicle Incentives Electric Drive Vehicles
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Clean Cities / 4 A tax credit is available for the cost of installing alternative fueling equipment placed into service after December 31, 2005. 30% of the cost, not to exceed $30,000, for equipment placed into service before January 1, 2009 For equipment put into service after 1/1/09, 50% up to $50,000 Applies to public and private fueling sites and all alternative fuels Federal Alternative Fuel Tax Incentive
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Clean Cities / 5 Expired fuel incentives 12/31/09 –SAFTEA-LU dispenser rebate of $0.50 per gallon equivalent for NG, LPG, H2 –Biodiesel production capacity credit of $1.00 per gallon also NGVAmerica, PERC and NBB all working to extend and make retroactive Federal Incentives can be found at: http://www.afdc.energy.gov/afdc/laws/fed_summary Federal Alternative Fuel Incentives
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Clean Cities / 6 Clean Fuel Vehicle Tax Credit Alternative Fuel Vehicle (AFV) and Fueling Infrastructure Grants and Loans High Occupancy Vehicle (HOV) Lane Exemption Incentive for Airport Alternative Fuels Use Alternative Fuel Vehicle (AFV) Parking Incentive - Salt Lake City http://www.afdc.energy.gov/afdc/laws/state_summary/UT UTAH State Incentive
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