Beginning January 1, 2023, fueling equipment for natural gas, propane, hydrogen, electricity, E85, or diesel fuel blends containing a minimum of 20% biodiesel, is eligible for a tax credit of 30% of the cost or 6% in the case of property subject to depreciation, not to exceed $100,000. Eligible projects that meet prevailing wage and apprenticeship requirements may be eligible to receive the full 30% tax credit, regardless of depreciation status. Permitting and inspection fees are not included in covered expenses.
Qualified fueling equipment must be installed in locations that meet the following census tract requirements: The census tract is not an urban area; A population census tract where the poverty rate is at least 20%; or Metropolitan and non-metropolitan area census tract where the median family income is less than 80% of the state medium family income level.