S.C. Energy Office

Transportation

Production, Distribution and Sale of Alternative Fuels

Federal and state law provides business tax credits for the production, distribution and sale of ethanol, biodiesel, and other non-petroleum-based fuels.

Links :

State Tax Incentives for the Production, Distribution and Sale of Alternative Fuels
Federal Tax Incentives for the Production, Distribution and Sale of Alternative Fuels
DOR – Form TC-40 (Ethanol or Biodiesel Production Credit)
DOR – Form TC-40A (Application for Ethanol or Biodiesel Production Credit)
DOR – Form TC-41 (Renewable Fuels Credit)
DOR – Form TC-41A (Application for Renewable Fuels Credit)
Section 1342 – Alternative fueling stations (Federal)
ACT 261 (2008) - Tax Credit to Produce Alternative Fuels, Install Solar Systems and Biomass Energy (State)
ACT 386 (2006) - Tax Credit to Produce, Distribute, and Use Alternative Fuels (State)
IRS Form 8911 - Alternative Fuel Vehicle Refueling Property Credit
DOR – Form L-2191 (SC Motor Fuel Manufacturer License Application for Biodiesel/Substitute Fuels)
DOR – Form L-2193 (SC Quarterly Biodiesel and Ethanol Incentive Form Refund Application)
DOR - Form L-2195 (Motor Fuel Manufacturers Monthly User Fee and Fee Calculation)
IRS Notice about Biodiesel Excise Taxes