Compressed natural gas, liquid natural gas and methanol (M-85) are taxed at a flat rate of $100 per year, per vehicle of less than 1-ton capacity. Consumers pay this tax by purchasing a flat fee decal rather than paying excise tax at the pump. Propane or LPG is taxed at a rate of $50 per year, per vehicle of less than 1-ton capacity. AFVs exceeding 1-ton capacity are taxed at $150 per year.
Implementing Sector: | State |
Category: | Financial Incentive |
State: | Oklahoma |
Incentive Type: | Corporate Tax Exemption |
Web Site: | http://www.centraloklahomacleancities.org/frame.php3?page=events |
Administrator: | Association of Central Oklahoma Governments |
Start Date: | |
Eligible Renewable/Other Technologies: |
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Incentive Amount: | Exempted 100% from motor fuel excise tax; instead, pay $150 per methanol vehicle |
Name: | 68 Okl. St. § 1355 and § 723 |
Name: | Yvonne Anderson |
Organization: | Association of Central Oklahoma Governments |
Address: |
21 E. Main Street, Suit 100 Oklahoma City OK 73104-2405 |
Phone: | (405) 234-2264 |
Email: | yanderson@acogok.org |
Name: | Information Specialist - OTC |
Organization: | Oklahoma Tax Commission |
Address: |
Post Office Box 26800 Oklahoma City OK 73126-0800 |
Phone: | (405) 521-3160 |
Email: | helpmaster@mailhost.oktax.state.ok.us |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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