Rebates, tax credits, and more.
Rebates, tax credits, and more.
Kansas Soybean Commission offers rebates to Kansans up to $2000 ($200 for individuals) for using biodiesel in diesel truck/equipment. Fleets and individuals based in Kansas, using diesel-powered equipment, can now earn rebates for using biodiesel blends above 10%. Kansas Soybean Commission will distribute rebates on a first-come, first-served basis, until program funds are exhausted. Additional terms and conditions apply. For more information, including the rebate application form, please see the Biodiesel Rebate Program webpage.
Kansas Gas Service offers rebates for NGV purchases or conversions in the amount of $1,000 for a dedicated or bi-fuel vehicle. Vehicles must be purchased or converted after February 2, 2016, and each applicant is limited to three rebates per calendar year. Compressed natural gas equipment must be certified by the U.S. Environmental Protection Agency or California Air Resources Board. Kansas Gas Service will distribute rebates on a first-come, first-served basis, until program funds are exhausted. Additional terms and conditions apply. For more information, including the rebate application form, please see the CNG Rebate Program website.
The federal government offers a tax credit of between $2,500 and $7,500 on electric vehicles (EV). Taxpayers must have tax liability equal to or greater than the credit to be eligible. The tax credit cannot be used at the time of purchase, but reduces the taxpayer’s tax owed dollar-for-dollar.
Missouri residents can claim an income tax credit for the cost of constructing a qualified alternative fueling station (including home EVSE). The credit is 20% of the costs directly associated with the purchase and installation of any alternative fuel storage and dispensing equipment or electric vehicle supply equipment (EVSE), up to $1,500 for individuals or $20,000 for businesses. Tax credits may be carried forward for two years and may be transferred or sold, but will be forfeited if a tax credit recipient stops dispensing alternative fuel or electricity for vehicle charging. This tax credit expires on January 1, 2018. For more information, see the Missouri Alternative Fuel Infrastructure Tax Credit website.
An income tax credit is available for 40% of the incremental or conversion cost for qualified AFVs, based on gross vehicle weight rating (GVWR), between $2,400 and $40,000. Qualified AFVs include vehicles that operate on a combustible liquid derived from grain starch, oil seed, animal fat, or other biomass, or produced from a biogas source.
Alternatively, a tax credit of 5% of the cost of the AFV, up to $750, is available for the purchase of an original equipment manufacturer AFV. This credit is allowed only to the first individual to take title of the vehicle. For motor vehicles capable of operating on E85, the individual claiming the credit must provide evidence of purchasing at least 500 gallons of E85 between the time the vehicle was purchased and December 31, of the following calendar year. Excess credits may be carried over for up to three years after the year in which the expenditures were made. The credit is only available to entities with corporate income tax liability. For more information, see the Alternative Fuel Tax Credit page.
An income tax credit is available for 40% of the total cost to install alternative fueling infrastructure after January 1, 2009. Qualified property must be directly related to the delivery of alternative fuel into the fuel tank of a motor vehicle propelled by such fuel. The tax credit may not exceed $100,000 per fueling station. Alternative fuels are defined as combustible liquids derived from grain starch, oil seed, animal fat, or other biomass, or produced from a biogas source. Excess credits may be carried over for up to three years after the year in which the expenditures were made. The credit is only available to entities with corporate income tax liability. For more information, see the Alternative Fuel Tax Credit page.
Metropolitan Energy Center (MEC) and its Clean Cities Coalitions keep a project bank for alternative fuel and other clean transportation projects, including alternative fuel refueling and recharging infrastructure, alternative fuel vehicle purchase and/or conversions, and clean diesel retrofits. Current submissions will form the basis for any future funding opportunity proposals MEC makes on behalf of the region or on behalf of individual project sponsors. Proposals may be for DOE Clean Cities funding opportunities, EPA Clean Diesel opportunities, state-based opportunities, or otherwise. MEC requires that all projects included in each application decrease dependence on petroleum by increasing the use of alternative fuels and advanced technologies and/or decreasing diesel emissions. Submit your project ideas to Kelly Gilbert.
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