Qualified Heavy-Duty Alternative Fuel Vehicle (AFV) Tax Credit
Type: State Incentives | Jurisdiction: Utah
Taxpayers may be eligible for a tax credit for the purchase of a qualified heavy-duty AFV. Qualifying fuels include natural gas, electricity, and hydrogen. Each qualified heavy-duty AFV is eligible for the following tax credit amounts:
Year | Credit Amount |
2022 | $13,500 |
2023 | $12,000 |
2024 | $10,500 |
2025 | $9,000 |
2026 | $7,500 |
2027 | $6,000 |
2028 | $4,500 |
2029 | $3,000 |
2030 | $1,500 |
At least 50% of the qualified vehicle’s miles must be driven in the state. A single taxpayer may claim credits for up to 10 AFVs annually. If more than 30% of the total available tax credits in a single year have not been claimed by May 1, a taxpayer may apply for credits for an additional eight AFVs. Up to 25% of the tax credits are reserved for taxpayers with small fleets of less than 40 vehicles. Additional conditions and restrictions may apply. For more information, see the Utah Department of Environmental Quality Alternative Fuel Heavy Duty Vehicle Tax Credit Program website.