Two federal tax credits that benefit propane autogas fleets were recently retroactively extended through Dec. 31, 2017.
After factoring for GGE, the Alternative Fuel Excise Credit provides fleets with a 36-cent tax credit on every gallon of propane autogas purchased in 2017. The Alternative Fuel Infrastructure Tax Credit offers fleets that installed propane infrastructure a tax credit for 30 percent of the fuel equipment cost, not to exceed $30,000. Learn more about how to apply for the Alternative Fuel Excise Credit and the Alternative Fuel Infrastructure Tax Credit. |