Deadline: Ongoing based on the applying organization’s fiscal year
Eligible Applicants: State Gov, Local Gov, Industry, Utilities, States/Territory, Native Tribes, Non-Profit
Fuel Type: Hydrogen, Electric, Biodiesel, Ethanol
Agency: Internal Revenue Service (IRS)
Description: This program offers a property tax credit for Alternative Fuel Vehicle Refueling which pays 6% of the price of the EV, ethanol, natural gas, hydrogen, and biodiesel infrastructure installed in low-income and non-urban areas. This credit can increase if certain prevailing wage and apprenticeship requirements are met, with a cap of $100,000.
Eligible Projects: To claim the tax credit, applicants must submit pre-filing with the IRS, complete the project installation and begin usage, and file the corresponding forms to receive the refund after acceptance.
More Information: Direct Pay through the Inflation Reduction Act
