Federal Trade Commission This model sports a polymer electrolyte fuel cell engine with a max power output of 128 kilowatts. The credit will begin to be phased out for each manufacturer in the second quarter following the calendar quarter in which a minimum of 200,000 qualified PEVs have been sold by that manufacturer for use in the United States. For ethanol blends containing more than 50% but no greater than 83% ethanol by volume, retailers must (1) post the exact percentage of ethanol concentration, (2) post the percentage rounded to the nearest multiple of 10, or (3) post notice that the fuel contains 51% to 83% ethanol. Eligibility includes retrofit facilities. Applicants with projects that include zero-emission vehicles (ZEVs) are required to submit a ZEV fleet transition plan. keller.jennifer@epa.gov Individuals may not claim more than one pre-owned vehicle tax credit in a three-year period. Retailers offering alternative fuel for sale must ensure dispensers are labeled with information to help consumers make informed decisions about fueling a vehicle, including the name of the fuel and the minimum percentage of the main component of the fuel. Federal Energy Management Program In April 2004, the city of San Francisco acquired two Honda FCX cars powered by hydrogen fuel cells. . The Advanced Energy Project Credit extends the 30% investment tax credit and creates funding for manufacturing projects producing fuel cell electric vehicles, hydrogen infrastructure, electrolyzers, and a range of other products: The Alternative Fuel Refueling Property Credit extends the credit sunset and increases the 30% credit cap: The Carbon Capture and Sequestration Tax Credit provides an enhanced rate of carbon dioxide captured for storage and utilization for qualified facilities through 2032: The Clean Hydrogen Production Tax Credit creates a new 10-year incentive for clean hydrogen production tax credit with up to $3.00/kilogram. Electric vehicle supply equipment (EVSE) manufacturers must determine and disclose (via a delivery ticket or permanent label or marking) kilowatt capacity, voltage, whether the voltage is alternating current or direct current, amperage, and whether the system is conductive or inductive. Information about federal and state financial incentives for hydrogen fuel cell projects. http://www.fta.dot.gov, The U.S. Department of Transportation (DOT) must establish a pilot grant program for the purchase of electric or low-emitting ferries and the electrification of or other reduction of emissions from existing ferries. The U.S. government will hand you an $8,000 federal tax credit, and the state of California (the only state you can buy the Mirai in) will shovel another $4,500 your way next tax season.. The U.S. Department of Transportation must conduct an AFV study, focusing specifically on hydrogen, natural gas, or propane, that identifies: The report must be made publicly available and submitted to Congress by November 15, 2022. The tax credit raises the value of some projects by more than 50% . 2023 Key considerations for electric vehicles and hydrogen fuel cell Toyota Mirai $7,500 California Tax Credit Eligibility Funding will be made available each fiscal year until November 15, 2026, and will remain available until expended for this Program. The U.S. Department of Energy (DOE) provides grants or loan guarantees through the Loan Guarantee Program for the domestic production of efficient hybrid vehicles, plug-in hybrid electric vehicles, all-electric vehicles, and hydrogen fuel cell electric vehicles,. FHWA must update and redesignate corridors periodically thereafter. EPA's Ports Initiative offers funding to port authorities and public entities to help them overcome barriers that impede the adoption of cleaner diesel technologies and strategies. Eligible AFVs include school buses and school fleet vehicles. Alternative Fuels Data Center: Inflation Reduction Act of 2022 Eligible vehicles must be designated for public transportation use and significantly reduce energy consumption or harmful emissions compared to a comparable standard or low emission vehicle. Additional maps and tools to allow states to compare and evaluate different AFV adoption and use scenarios. (Reference Public Law 117-58 and 42 U.S. Code 17154). Fleets may also opt into Alternative Compliance, which allows fleets the option to choose a petroleum reduction path in lieu of acquiring AFVs under Standard Compliance. See Notice 2022-39 PDF for information on how to . Includes new census tract restrictions on location restricting development to low-income and rural communities. dera@epa.gov Priority will be given to projects that include: Applicants must demonstrate how proposed projects will benefit underserved communities that lack access to clean transportation options. . Current federal incentives in place include the Business Energy Investment Tax Credit (ITC) and the Residential Renewable Energy Tax Credit. After Congress provided $9.5 billion in funding through the 2021 public works legislation and tax credits through a 2022 climate law, politicians in Washington and U.S . Permitting and inspection fees are not included in covered expenses. Federal Register :: Greenhouse Gas Emissions Standards for Heavy-Duty 1818 (August 16, 2022), commonly known as the Inflation Reduction Act, retroactively reinstated and extended the following fuel tax credits through December 31, 2024: Alternative fuel credit. States are allowed to exempt certified alternative fuel vehicles (AFVs) and electric vehicles (EVs) from HOV lane requirements within the state. The U.S. Department of Transportations Federal Transit Administration administers the Public Transportation Innovation Program. The incentive must first be taken as a credit against the entitys alternative fuel tax liability; any excess over this fuel tax liability may be claimed as a direct payment from the IRS. Additional requirements for federal fleets were included in the Energy Independence and Security Act of 2007, such as fleet management plans and petroleum reduction from 2005 levels (Section 142), low greenhouse gas (GHG) emitting vehicle acquisition requirements (Section 141), and renewable fuel infrastructure installation requirements (Section 246). States that choose to adopt these requirements will be responsible for enforcement and vehicle labeling. The New Clean Hydrogen Production Tax Credit, Explained Can be applied to retrofitting facilities for low-carbon industrial heat, carbon capture, transport, utilization, and storage systems, and equipment for recycling, waste reduction, and energy efficiency. Beginning January 1, 2023, the Clean Vehicle Credit (CVC) provisions removed the manufacturer sales caps for vehicles sold after January 1, 2023, expanded the scope of eligible vehicles to include both EVs and FCEVs, and required that the battery powering the vehicle has a capacity of at least seven kilowatt-hours (kWh). https://www.energy.gov/eere/femp/federal-energy-management-program-contacts, Under the Energy Policy Act (EPAct) of 1992, the U.S. Department of Energy (DOE) was directed to determine whether private and local government fleets should be mandated to acquire alternative fuel vehicles (AFVs). Additional requirements apply for vehicles placed in service (delivered) on or after January 1, 2023, and the amount of the credit will depend on whether the vehicle meets new critical minerals and battery components requirements for vehicles placed in service after April 17, 2023. U.S. Department of Energy The Zero Emissions Airport Vehicle and Infrastructure Pilot Program provides funding to airports for up to 50% of the cost to acquire ZEVs and install or modify supporting infrastructure for acquired vehicles. The U.S. Department of Energy (DOE) administers the Regional Clean Hydrogen Hubs (H2Hubs) program. But those . Diesel Emissions Reduction Act The home served by the system MUST be the taxpayer's principal residence. U.S. General Services Administration Projects can also elect to claim up to a 30% investment tax credit under Section 48. The U.S. Department of Energy (DOE) provides grants for transportation decarbonization research projects. http://www.ftc.gov/. In addition, the Canadian government recently announced a massive incentive program of CAD 80 billion in tax credits for clean technology over the next decade, including CAD 25 billion for investments in clean electricity. In March 2008, DOE issued its determination not to implement a fleet compliance mandate for private and local government fleets, concluding that such a mandate is not necessary to achieve the Replacement Fuel Goal. For more information, see the EPAct website. Federal Transit Administration, Office of Program Management regulatory.info@nrel.gov The U.S. Department of Transportation (DOT) will establish the Port Infrastructure Development Program (PIDP) to fund projects that improve port resiliency to address sea-level rise, flooding, extreme weather events, earthquakes, and tsunami inundation, as well as projects that reduce or eliminate port-related criteria pollutant or greenhouse gas emissions. Running on Empty: There's a Lot to Like about Hydrogen, If You Can Find It Extends tax credit to property placed into service before 2033, Increases the tax credit to 30% of the cost of alternative fuel refueling property up to $100,000 (previously $30,000), Eliminates the restriction to allow for the credit to be used only once so that taxpayers who install qualified equipment at multiple sites are allowed to use the credit toward each site location. Electric Vehicle (EV) and Fuel Cell Electric Vehicle (FCEV) Tax Credit This requirement applies to, but is not limited to, the following fuel types: methanol, denatured ethanol, and/or other alcohols; mixtures containing 85% or more by volume of methanol and/or other alcohols; mixtures containing more than 10% but less than 83% by volume of ethanol; natural gas; propane; hydrogen; coal derived liquid biofuel; and electricity. Eligible applicants must include port authorities, state governments, local governments, tribal governments, air pollution control agencies, and private entities that own, operate, or use port. Fuel Cells (Residential Fuel Cell and Microturbine System), See tax credits for 2022 and previous years, Hot Water Boilers (Natural Gas, Propane, Oil), 30% for property placed in service after December 31, 2016, and before January 1, 2020, 26% for property placed in service after December 31, 2019, and before January 1, 2022, 30% for property placed in service after December 31, 2021, and before January 1, 2033, 26% for property placed in service after December 31, 2032, and before January 1, 2034, 22% for property placed in service after December 31, 2033, and before January 1, 2035. (Reference 26 U.S. Code 6426 and Public Law 117-169), Point of Contact In Texas, an energy company is building a power plant that can run on hydrogen, a fuel that is gaining steam because of new tax credits and upcoming federal regulations. The MSRP can be found on the vehicles window sticker, which is also known as the Monroney label; the MSRP for this purpose includes any trim, options, or accessories for the particular vehicle and excludes the destination fee and dealer-provided options and accessories. Canada has a long tradition in hydrogen (fuel cell) technology and is a leader in this field. U.S. Department of Defense (Reference Public Law 114-94 and 23 U.S. Code 166). Additional funding is available for projects located in nonattainment communities. For more information, visit the DOE Communities LEAP website. Funded projects may include: Funding is authorized through fiscal year 2026. The U.S. Department of Transportation (DOT) Federal Highway Administration (FHWA) Charging and Fueling Infrastructure Discretionary Grant Program (CFI Program) offers funding to deploy publicly accessible electric vehicle charging and alternative fueling infrastructure in urban and rural communities and along Alternative Fuel Corridors (AFC). Tax exempt entities such as state and local governments that dispense qualified fuel from an on-site fueling station for use in vehicles qualify for the incentive. In January 2004, DOE published a final rule announcing its decision not to implement an AFV acquisition mandate for private and local government fleets. The bill maintains the $7,500 tax credit for the first 200,000 units sold. gsafleetafvteam@gsa.gov The U.S. Department of Transportation (DOT) and the U.S. Department of Energy (DOE) will establish a Joint Office of Energy and Transportation (Joint Office) to study, plan, coordinate, and implement joint issues, including: The Joint Office will create a public database that includes EVSE data maintained on the DOE Alternative Fuels Data Center's Alternative Fueling Station Locator and potential EVSE locations identified by eligible entities. For more information, see the Bipartisan Infrastructure Law Public Transportation Innovation fact sheet. The mission of Clean Cities Coalition Network is to foster the economic, environmental, and energy security of the United States by working locally to advance affordable, domestic transportation fuels and technologies. Nearly 100 volunteer coalitions carry out this mission by developing public/private partnerships to promote alternative and renewable fuels, idle-reduction measures, fuel economy, improvements, and emerging transportation technologies. (Reference Public Law 117-58 and 23 U.S. Code 151). Alternative fuels include electricity, natural gas, hydrogen, or propane. Qualifying advanced energy project include, but are not limited to, projects that re-equip, expand, or establish a manufacturing or industrial facilities that produce or recycle light-, medium-, and heavy-duty EVs, FCEVs, EV charging stations, and hydrogen fueling stations. For more information, see the Joint Office website. Eligible applicants for INFRA grants are states, metropolitan planning organizations that serve urbanized areas with a population of more than 200,000 individuals, local governments, political subdivisions, port authorities, and tribal governments.