State of Louisiana offers an income tax credit worth 50% of the cost of PHEV Conversion
Alternative Fuel Vehicle (AFV) and Fueling Infrastructure Tax Credit
The state offers an income tax credit worth 50% of the cost of converting a
vehicle to operate on an alternative fuel, 50% of the incremental cost of purchasing an original equipment manufacturer AFV, and 50% of the cost of
constructing an alternative fueling station. Only vehicles registered in Louisiana may receive the tax credit. Alternatively, a taxpayer may take a
tax credit worth 10% of the cost of the motor vehicle or up to $3,000, whichever is less. For the purpose of this incentive, alternative fuels include
compressed natural gas, liquefied natural gas, liquefied petroleum gas/propane, biofuel, biodiesel, methanol, ethanol, electricity, and any other
fuels that meet or exceed federal clean air standards. (Reference Louisiana Revised Statutes 47:6035)
More News
- State of Utah provides a credit of 50% of the cost of PHEV Conversion
- 80% Illinois Green Fleets Rebate
- State of California provides $5000 rebate for a New PHEV
- State of Montana provides a credit of 50% of the cost of PHEV Conversion
- State of Oklahoma provides a credit of 50% of the cost of PHEV Conversion
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