The Low Emission Vehicle Tax Credit

Low Emission Vehicle Tax Credit

Companies that purchase or lease a low emission vehicle may receive 10% of the cost of the vehicle or $2,500.  Companies that convert an existing vehicle to a low emissions vehicle can receive 10% of the cost of conversion, not to exceed $2,500 per converted vehicle.  All vehicles must be certified by the Environmental Protection Division of the Department of Natural Resources. The certificate has to be submitted in order to be eligible for the credit.