Hydrogen Production Tax Credit

Hydrogen fuel producers may receive a tax credit equal to up to $1 per kilogram (kg) for the use of clean hydrogen in “hard-to-decarbonize” sectors of the economy, including heavy-duty vehicle transportation. 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 House Bill 1281, 2023 and Colorado Revised Statutes 39-22-557, 40-2-125.5, and 40-2-138)

Jurisdiction: Colorado

Type: State Incentives

Enacted: May 22, 2023

Technologies: Hydrogen Fuel Cells

See all Colorado Laws and Incentives.