Alternative Fuel Excise & Infrastructure Tax Credit

A tax incentive is available for alternative fuel that is sold for use or used as a fuel to operate a motor vehicle.

Retroactive to January 1, 2015, the credits are extended through December 31, 2016.

The tax credits consist of:

  • A $.50 per gallon excise tax credit for 2015.
  • A $.36 per gallon excise tax credit for 2016. The reduction for 2016 reflects an updated energy content calculation of excise tax.
  • A fueling infrastructure credit for up to 30 percent of installation costs, not to exceed $30,000.

For more information, visit the U.S. Department of Energy‘s website.