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Fuel Flex International, LLC |
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Wyoming Incentives and Laws
Last Updated February 2006
State IncentivesEthanol Motor Fuel Production Tax CreditA person with a tax liability for the sale of ethanol-based motor fuel, or gasoline sold for the purpose of blending into an ethanol-based motor fuel, may redeem a credit of $0.40 per gallon with the Wyoming Department of Transportation. Ethanol-based motor fuel is defined as a blend of 10% ethanol and 90% gasoline used to operate motor vehicles. To be eligible to receive this credit, at least 25% of an ethanol producer's distillation feedstock purchases must be products that originate in Wyoming, excluding water, during the year the tax credits were earned. The total credits redeemed by all ethanol producers may not exceed $4,000,000 per year, and the total credits redeemed by any individual ethanol producer may not exceed $2,000,000 per year. Additionally, an ethanol producer constructing a new ethanol plant may receive tax credits for a period not to exceed 15 years after the date construction is completed. Any ethanol producer that expands its production after July 1, 2003, by at least 25% is eligible for tax credits with an increased maximum amount. Ethanol producers qualifying for the tax credit on or before July 1, 2003, may only receive a tax credit until June 30, 2009. (Reference Wyoming Statutes 39-17-109) State Laws and RegulationsEthanol LicenseAnyone who imports, exports, or supplies ethanol in the state must obtain an annual license from the Department of Transportation. The fee for each license is $25. (Reference Wyoming Statutes 39-17-106) Utilities/Private IncentivesNatural Gas Technical Assistance and Leased Vehicle and Refueling EquipmentQuestar Gas offers technical assistance to customers wishing to convert vehicles to operate on compressed natural gas (CNG) and will lease conversion and compression equipment. The company provides financial analysis and fleet consulting services for alternative fuel comparisons. Questar Gas operates 26 public and over 60 private CNG refueling stations in southwestern Wyoming and Utah. Point of Contact
Gordon Larsen Point of Contact
Jim
Grambihler Wyoming Points of Contact:
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