Alternative Fuel Vehicle Tax Credit (West Virginia)

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place	West Virginia
Name	Alternative Fuel Vehicle Tax Credit
Incentive Type	Personal Tax Credit
Applicable Sector	Residential
Eligible Technologies	Renewable Fuel Vehicles
Active Incentive	No
Implementing Sector	State/Territory
Energy Category	Renewable Energy Incentive Programs
Amount	depends on vehicle size
Carryover Provisions	see summary for details
Start Date	1997-07-01
Expiration Date	2007-07-01
Maximum Incentive	50,000
Program Administrator	West Virginia State Tax Department
References	DSIRE

Summary

West Virginia offers a tax credit to those who convert a conventional vehicle to operate as an alternative fuel vehicle, and to those who purchase a new dedicated or dually fueled alternative fuel vehicle from an original equipment manufacturer or an after-market conversion facility.

"Alternative fuels" include compressed natural gas, liquefied natural gas, ethanol (at least 85% by volume), and methanol (at least 85% by volume). An "alternative fuel vehicle" is defined as a vehicle that (1) operates solely on one alternative fuel, (2) is capable of operating on one or more alternative fuels, singly or in combination; or (3) is capable of operating on an alternative fuel and is also capable of operating on gasoline or diesel fuel.

The total amount of any credit may not exceed the actual cost of converting from a traditionally-fueled motor vehicle to an alternatively-fueled motor vehicle, or in the case of a new purchase, the incremental difference in cost between an alternative-fuel motor vehicle and a comparably equipped motor vehicle that employs traditional fuel technology.

The maximum total credit allowed for an alternative fuel vehicle is:

(1) $3,750 for a vehicle with a gross vehicle weight of not more than 10,000 pounds; (2) $9,250 for a vehicle with a gross vehicle weight between 10,000 and 26,000 pounds; (3) $50,000 for vehicles weighing more than 26,000 pounds; and (4) $50,000 for buses capable of seating at least 20 adults.

Those who convert or purchase a vehicle that operates exclusively on electricity are entitled to an additional credit of 10% of the initial credit. The credit is taken in three equal increments over a three-consecutive tax-year period, so that in any tax year in which a taxpayer is entitled to the credit, only one third of the total credit allowed for a certain alternative fuel vehicle may be taken.

Authorities (Please contact the if there are any file problems.)

Authority 1:	W. Va. Code § 11-6D-2 et seq.
Date Effective	1997-07-01
Expiration Date	2007-07-01

Incentive Contact

Contact Name	Taxpayer Assistance - WV State Tax Dept
Department	West Virginia State Tax Department
Place	Charleston, West Virginia
Zip/Postal Code	25328
Phone	(800) 982-8297
Phone 2	(304) 558-3333
Website	http://www.wva.state.wv.us/wvtax/default.aspx

• Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.