Propane benefits from alternative-fuel tax credits

Jan. 8, 2013
Part of the “fiscal cliff” agreement reached in Washington last week is an extension of alternative-fuel tax credits. Those credits can be used for the purchase of propane autogas vehicles as well as the installation of propane autogas infrastructure, according to the National Propane Gas Assn. (NPGA).

Part of the “fiscal cliff” agreement reached in Washington last week is an extension of alternative-fuel tax credits. Those credits can be used for the purchase of propane autogas as well as the installation of propane autogas infrastructure, according to theNational Propane Gas Assn. (NPGA).

“The alternative fuel tax provisions are uniquely important, not just to the propane industry, but for every American because they help us achieve our energy security goals,” said Richard Roldan, president & CEO of NPGA. 

“According to a recent independent study, virtually all of the propane consumed in the United States is produced from North American resources,” he noted.

According to NPGA, the cost to convert a vehicle to run on propane autogas can be less than other alternative fuels.

“The extension of the alternative fuel tax credit and the refueling infrastructure tax credit will help get more propane autogas vehicles on the road and encourage fleet managers to strongly consider alternative fuel options before making a decision,” added Roldan. 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...