Alternative Fuel and Fuel-Efficient Vehicle Tax Credit

Through 2016, new electric, natural gas, and propane vehicles registered in Utah are eligible for an income tax credit of 35% of the vehicle purchase price, up to $1,500. Plug-in hybrid electric vehicles (PHEVs) will be eligible for a tax credit of $1,000. Leased electric, natural gas, and propane vehicles are eligible for a tax credit on a prorated basis up to $1,500. Leased plug-in hybrid electric vehicles will be eligible for a prorated tax credit up to $1,000. For additional information, including eligible vehicles and restrictions, see the Clean Fuel Vehicle Tax Credit website. (Reference House Bill 87, 2016, and Utah Code 19-1-406, 59-7-605, and 59-10-1009)