Clean-Burning Motor Vehicle Fuel Property Tax Credit - Corporate

December 31, 2021


The State of Oklahoma allows one-time income tax credits for qualified clean-burning motor fuel vehicle property or qualified electric motor vehicle property. These tax credits apply to tax years beginning before December 31, 2027. Some of these tax credits apply to equipment that is installed to modify a motor vehicle so that it is propelled by compressed natural gas, liquefied gas, or liquefied petroleum gas. These credits also apply to motor vehicles originally equipped to be propelled by these means. These credits are vary based on the vehicle's weight and are as follows:

Below 6,000 lbs: $5,500

6,001-10,000 lbs: $9,000 

10,001-26,500 lbs: $26,000 

Greater than 26,500 lbs: $50,000

Some of these credits may also apply to property, not including building and structural components, which is directly related to the delivery of clean-burning fuel and is a metered-for-fee, public access recharging system. The incentive for these credits are a per-location credit of 45% of the cost of the qualified property.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Oklahoma
Incentive Type: Corporate Tax Credit
Web Site:
Start Date:
Eligible Renewable/Other Technologies:
  • Passenger Electric Vehicles
  • Medium-Duty Electric Vehicles
  • Heavy-Duty Electric Vehicles
Incentive Amount: Vehicles below 6,000 lbs: $5,500
Vehicles from 6,001-10,000 lbs: $9,000
Vehicles from 10,001-26,500 lbs: $26,000
Vehicles greater than 26,500 lbs: $50,000
Property: 45% of cost


This program has 1 incentives
Technologies: Passenger Electric Vehicles, Medium-Duty Electric Vehicles, Heavy-Duty Electric Vehicles
Sectors: Commercial
Parameters: The incentive has a maximum of $5500.00, The incentive has a minimum of $50000.00


Name: Oklahoma Statutes 68-2357.22
Expiration Date: 12/31/2027

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.