Alternative Fuel Vehicle Refueling Property Tax Credit

Section 30(C) provides a tax credit for refueling property cleanly and efficiently placed into service after 2022. The tax credit is measured at thirty percent of any qualified alternative fuel vehicle refueling property that inserts at least 85 percent of the following: ethanol, natural gas, compressed natural gas, liquified natural gas, liquefied petroleum gas, or hydrogen. Other renewable energy properties that produce biodiesel, kerosene, and electricity also qualify for the tax credit.