Clean Fuel Vehicle Tax Credit - Corporate

June 08, 2004


Utah's Income Tax Credit for cleaner burning fuel vehicles is 50 percent of the incremental cost of the vehicle up to $3,000 for OEM (factory-built) vehicles and 50 percent of the after-market conversion cost up to $2,500. The credit applies to vehicles purchased after January 1, 2001 and before January 1, 2006 that are registered in Utah. The vehicle must be fueled by propane, natural gas, or electricity; or other clean burning fuels, including hydrogen or fuels that are at least 85% alcohol or ether. The Utah Tax Commission manages tax credits (801-297-7705 or 800-662-4335, ext. 7705.) Request form TC-40 V.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Utah
Incentive Type: Corporate Tax Credit
Web Site:
Administrator: Utah State Tax Commission
Start Date: 1/1/01
Eligible Renewable/Other Technologies:
  • Renewable Fuel Vehicles
Incentive Amount: 50%
Maximum Incentive: $3,000


Name: Utah Code Ann. § 59-7-605
Effective Date: 1/1/01
Expiration Date: 12/31/05


Name: Information Specialist - Tax Commission
Organization: Utah State Tax Commission
Address: 210 North 1950 West
Salt Lake City UT 84134
Phone: (801) 297-2200

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.