Heavy-Duty Vehicle Hydrogen Use Tax Credit

Taxpayers may receive a tax credit of up to $1 per kilogram for the use of clean hydrogen in qualifying applications, including heavy-duty vehicles. used for a qualified use if they obtain a tax credit certificate from the Colorado Energy Office. To be eligible, taxpayers must obtain a tax credit certificate from the Colorado Energy Office. Clean hydrogen is defined as hydrogen that is derived from a clean energy resource or uses water as the source of the hydrogen. For more information, see the Colorado Department of Regulatory Agencies Tax Credit Certificates website.

(Reference Colorado Revised Statutes 39-22-557, 40-2-125.5 and 40-2-138)