INCENTIVES

Federal, state, and local governments continue to support the development and use of alternative fuels through rebate programs and tax incentives. There is a $0.50 per gallon Federal tax credit that is still available to the consumer for the use of propane autogas to further reduce the overall fuel cost per vehicle.

The Propane Green Autogas Solutions (GAS) Act of 2011 would extend for five years three federal alternative fuel tax credits for propane autogas, propane autogas vehicles, and propane autogas refueling equipment. These fuel tax incentives were created in 2005 to stimulate a propane autogas vehicle market which can help reduce U.S. reliance on foreign oil, as well as reduce environmental impacts associated with gasoline and diesel fuel use. According to the National Propane Gas Association, “Propane autogas is easily the most accessible alternative transportation fuel currently available in the marketplace and is the most popular alternative transportation fuel worldwide, and with good reason.

Propane autogas is clean. Autogas vehicles produce 20% less CO2 emissions than gasoline engines, and less particulate matter, carbon monoxide, and nitrogen oxide than gasoline or diesel engines.

Propane is an American fuel. 98% of supply is produced in the U.S.

Propane is abundant. Propane supply is expected to increase over the next several decades, guaranteeing consumer availability and price stability.

State, and local governments continue to support the development and use of alternative fuels through rebate programs and tax incentives. Currently the state of Illinois offers a $4,000.00 rebate to offset the cost of converting vehicles to run on propane autogas either through a dedicated or duel fuel conversion system.

Countries:

Autogas enjoys great popularity in numerous countries and territories, including: Australia, the European Union, Hong Kong, India, the Philippines, the Republic of Macedonia, South Korea, Serbia, Sri Lanka and Turkey. It is also available at larger petrol stations in several countries. In the Republic of Armenia, for example, the transport ministry estimates as many as 20 to 30% of vehicles use autogas, because it offers a very cheap alternative to both diesel and petrol, being less than half the price of petrol and some 40% cheaper than diesel.