Here you will find numerous informational resources, grants, and incentives listed on alternative fuels and their obtention in Colorado. For a summary of Federal alternative fuel tax incentives and laws, visit the Alternative Fuel Data Center’s Federal Laws and Incentives page. For Colorado’s alternative fuel tax incentives and laws, visit their Colorado Laws and Incentives page.
The Colorado Energy office heads the alt fuels Colorado electric vehicle direct current fast-charging in and around the Denver Metro area for public users and high-mileage fleets like transportation network companies (TNCS). CEO will consider plaza locations outside the Denver Metro area with a strong business case. CEO anticipates that proposed plaza locations will be in and around downtown areas, near high density housing and commercial developments, near transit hubs, and in locations where there is a high density of TNC/fleet EV drivers living. Proposed locations must take into account proximity of existing and planned DCFC locations and the potential for high utilization. CEO will administer one more application period for the program in early 2021.
To improve air quality throughout the state of Colorado, the Regional Air Quality Council (RAQC) will be incentivizing the replacement and scrapping of pre-2009 vehicles with fully Electric and Renewable Natural Gas (RNG) fleet vehicles. These funds are available to all public, private, and non-profit fleets statewide within Colorado.
The ALT Fuels Colorado program is managed in partnership with the Colorado Energy Office (CEO), Regional Air Quality Council (RAQC), Colorado Department of Transportation (CDOT) and Colorado Department of Local Affairs (DOLA). This program will provide funding for alternative fueling infrastructure and alternative fuel vehicles.
Charge Ahead Colorado provides incentives for electric vehicles and charging stations across Colorado. Entities within the Northern Colorado Clean Cities Coalition Area (the area north of I-70 minus the 7 county Denver metro area) are eligible for charging station funding through the CEO. Funding has been expanded from just local governments and landlords to state agencies, public universities, public transit agencies, private non-profit corporations, and for-profit corporations. Several rounds of funding will be open per year.
RAQC and CEO will fund 80% of the cost of a charging station up to the following set maximums:
- Level 2, Fleet Only Charging Stations: $6,000
- Level 2, Dual Port Station: $9,000
- Level 3, Multiple Connection Standard Station: $30,000 (The Colorado Energy Office will provide an additional $5,000 for Level 3 charging station projects outside of the seven county Denver Metro Area.)
- Ultra-fast DCFC, Multiple Connection Standard Station (minimum 100kW+): $50,000 (one award available per organization per round)
DISCLAIMER: Please consult a tax professional, Federal Internal Revenue Service, and CO Department of Revenue for actual figures.
Multiple tax credits exist to finance the purchase of Electric Vehicles, including a federal tax credit and a Colorado state tax credit. For Light Duty Vehicle tax incentives, your local ReCharge Colorado coach can assist you in determining what tax credits applies to your fleet.
The Environmental Protection Agency has a variety of grants and rebates available for clean diesel and programs aiming to reduce other harmful emissions, thanks to funding under DERA.
The EPA funds a multitude of alternative fuel vehicle projects, including rebates for the funding of cleaner school buses and projects specifically undertaken in rural, agricultural states.
The Low-No Program provides funding to state and local governmental authorities for the purchase or lease of zero-emission and low-emission transit buses, including acquisition, construction, and leasing of required supporting facilities.
Recipients are permitted to use up to 0.5 percent of their requested grant award for workforce development activities eligible under federal public transportation law (49 U.S.C. 5314(b)) and an additional 0.5 percent for costs associated with training at the National Transit Institute.
This USDA program supports and ensures an expanding production of advanced biofuels by paying advanced biofuel producers for finished advanced biofuel products. Any entity that produces and sells advanced biofuel is eligible to apply. Eligible advanced biofuels:
- Meet the definition of an advanced biofuel in 7 CFR Part 4288.102;
- Are a liquid, gas, or solid;
- Must be a final product;
- Are produced in the United States; and
- Are ones where the buyers and sellers act independently and have no relationship to each other.
This program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements.
Agricultural producers with at least 50% of gross income coming from agricultural operations, and small businesses in eligible rural areas may apply.
Colorado Corn is offering financial incentives to encourage retailers to install infrastructure to support blender and/or E85 Pumps. Please contact Katrina Davis at 970-351-8201 or at KDavis@coloradocorn.com.