The new credit allocations address the acquisition of various types of electric drive vehicles and allow covered fleets to earn credits under Standard Compliance for some vehicles that do not meet the EPAct 1992 definition of an AFV. Newly eligible vehicles include the following (with their credit allocations):
- Certain hybrid electric vehicles (HEVs) – one-half credit
- Plug-in electric vehicles – one-half credit
- Fuel cell electric vehicles – one-half credit
- Neighborhood electric vehicles – one-fourth credit
Acquiring the electric drive vehicles noted above is not the only new way to earn credits under EPAct Standard Compliance. Fleets may now earn credits for investments of their own funds (not grant funds or other monetary awards) in qualified alternative fuel infrastructure. For every $25,000 invested, a covered fleet may earn one credit, with a limit of five credits available per fleet per model year for private infrastructure investment, and ten credits per fleet per model year for public infrastructure investment.
- Inform them they can earn EPAct credits.
- Let them know that certain HEVs are now eligible for EPAct credits.
- Contact the Regulatory Information Hotline: email@example.com or 202-586-9171.
- EPAct Frequently Asked Questions for State and Alternative Fuel Provider Fleets website (http://www1.eere.energy.gov/
- Final rule (http://www.gpo.gov/fdsys/pkg/FR-2014-03-21/pdf/2014-06044.pdf))
- EPAct Transportation Regulatory Activities Statutes and Regulations website (http://www1.eere.energy.gov/
- Webinar: Final Rule on Electric Drive Vehicles and Infrastructure (https://www.youtube.com/