ITC – Alt. Fuel Vehicle Refueling Property

Credit Type

Investment
Tax Credit

Technology

Vehicles /
Infrastructure

Eligibility

EV charging and refueling property for ethanol, natural gas, hydrogen, biodiesel

Base Rate

6% of
property cost

Full Rate

30% of
property cost

Bonus Adders

N/A

Duration

Upfront credit

Period of Availability

Must be placed in service between 1/1/2023 and 6/30/2026 (OBBBA shortened from 12/31/2032).

Transferable (§6418)

Yes

Key Limitations & Notes

  • Must be in eligible low-income or rural census tract
  • Capped $100K/item
  • Recapture if property ceases eligibility