Alternative Fuel Vehicle (AFV) Conversion Tax Credit

An income tax credit is available for 10% of the cost to convert a vehicle to natural gas, electricity, propane, and hydrogen, up to $2,500 per vehicle. Converted vehicles must be fueled solely by an alternative fuel and must meet the emissions standards for low-emission or zero emission vehicles defined by the Board of Natural Resources. If not used during any taxable year, this tax credit may be carried forward for up to five years. Beginning January 1, 2025, the tax credit may be carried forward for up to three years. For more information, see the Georgia Environmental Protection Division Clean Vehicle Related Tax Credits website.

(Reference Georgia Code 48-7.40.16)