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FYI

Tax Incentives for Propane Autogas

The alternative fuel infrastructure tax credit for alternative fuel refueling facilities is available through December 31, 2011 to businesses and fueling station owners who install qualifying equipment, including propane tanks and dispensers.  This federal credit provides 30% of the refueling equipment cost up to $30,000 for propane autogas (on-road motor vehicle) refueling.  Propane fueling station owners who install qualified equipment at multiple sites are allowed to use the credit towards each location.  Refueling stations do not need to provide open public access to the site to qualify, private and fleet refueling stations are also eligible.

Other credits for propane autogas are available on the state and local level.  These websites provide an overview of some that are available nationwide:

This discussion is for information purposes. The discussion is not intended, and cannot be relied upon, as tax advice. We urge businesses and consumers to consult their own tax advisers regarding claims or refunds. Relevant IRS forms, including Form 8911 among others, may be viewed and downloaded by going to http://www.irs.gov/formspubs/index.html.

This entry was posted in Autogas and Clean Fuels Bookmark the permalink. Tags: , , , ,

90 Comments

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