- Qualified commercial clean vehicle tax credit + links to forms, list of qualified vehicles
- Forms are not yet available, stay tuned
- Commercial Clean Vehicle tax credit: $7,500 for light-duty EVs, $40,000 for MHD EVs. Businesses and tax-exempt orgs qualify. IRS is finalizing a form to claim this credit.
- SLC Economic Development Loan Fund
- 12-month deferral of payments to pay down principal with grants, incentives, and utility savings, and an additional 1% interest rate reduction
- Business must be located in Salt Lake City
- Applications accepted on a rolling basis
- Diesel Emissions Reduction Act (DERA)
- EPA grant. Provides funding for projects that reduce emissions from existing diesel engines from eligible diesel vehicles (school buses, class 5 – class 8 heavy-duty highway vehicles, locomotive engines, marine engines, and nonroad engines, equipment or vehicles used in construction, handling of cargo, agriculture, mining or energy production).
- EPA Clean School Bus
- EPA grant. Provides funding to replace existing school buses with clean, zero-emission buses. Applications due August 22.
- Utah DEQ Clean Diesel Program
- DERA-funded grant administered by DAQ. Fleet owners are eligible for 45% reimbursement for new all-electric vehicles, including charging equipment and installation. Eligibility includes vehicles (class 5-8, engines from 2009 or older; school, transit, and shuttle buses; MHD diesel trucks) and nonroad diesel equipment (<50 – 751+ horsepower Nonroad Engines or Equipment, engine model years 1986+ -used in construction, cargo, agriculture, mining, or energy production)
- Alternative Fuel Heavy-Duty Vehicle Tax Credit
- State tax credit. $12,000 is available in 2023. The credit is available through 2030 with amounts declining annually. Applies to purchases of new category 7 or 8 vehicles fueled by natural gas, 100% electric, or hydrogen-electric.
- Alternative Fuel Grant Program Application: DAQ grant. $2,500 per conversion. Allows businesses that convert vehicles to run on natural gas, propane, or electricity to apply for a grant of up to $2,500 per conversion. The conversion business is then required to pass along the savings to the owner of the eligible vehicle being converted
© 2019 All rights reserved