Fuel Reduction Technology Tax Credit

Expired: 01/01/2022

Fuel reduction technologies are eligible for a tax credit equal to a percentage of the actual cost paid for the technology. The actual cost paid must account for eligible federal credits, grants, or rebates.

Category 2021 Tax Credit
Idle reduction technologies 25% (up to $6,000)
Aerodynamic technologies 25% (up to $6,000)
Clean fuel refrigerated trailer 3.75% (up to $7,500)
Conversion to a clean fuel refrigerated trailer 11.25% (up to $7,500)
Hydraulic hybrid trailer $2,500

Tax credits are available through December 31, 2021. A purchaser of a converted hydraulic hybrid trailer may assign the tax credit to the financing entity, allowing the purchaser to realize the value of the tax credit at the time of conversion. The financing entity may collect an administrative fee of no more than $150.

(Reference Colorado Revised Statutes 39-22-516.7 and 39-22-516.8)

Jurisdiction: Colorado

Type: State Incentives

Technologies: Idle Reduction

See all Colorado Laws and Incentives.