Currently the IRS is offering a tax credit program which our Fuel 2.0™ system would qualify: “Alternative Fuel Vehicle Refueling Property” See section B.
This program allows Fuel 2.0™ ‘Green Box’ exchange facilities to qualify for a 50% or $50,000 tax credit to commercial properties that purchase and make available our Fuel 2.0™ technology.
We have a special AFVRP tax credit solution consisting of an optimal number of our removable batteries, grid inverter, charging system, and holding rack for our batteries. This allows you to get the following for $50,000.00
The full price of this system is $100,000.00 and includes:
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• 40 Fuel 2.0™ modules: a $100,000.00 value.
68 kWh of stored energy
Included at no additional cost: -
• AC inverter to supply backup power to a facility
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• Fuel 2.0™ Smart Charging configured system
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• Rack housing unit
Price does not include shipping and handling, or installation.
The Green Box must be made available to other Fuel 2.0™ users and the property requires visual indication of Fuel 2.0™ capabilities.
The document on the left is a previous version of the IRS tax credit form for AFVRP without the increase, the document on the right is a draft including the current information. Please contact your accountant for further information.
