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alt fuel tax credits


IRS approves Honda hybrid and natural gas vehicles for tax credits

The Internal Revenue Service has confirmed that customers who buy a 2007 Honda vehicle with either a hybrid drive-train or compressed natural gas fuel system can apply for federal tax credits. The possible credits are $1,300 on the Accord Hybrid, $2,100 on the Civic hybrid and up to $4,000 on the Civic GX (natural gas powered). People who buy the Civic GX can also get an extra $1,000 back if they also buy the "Phill" system. Phill is a home refueling station for natural gas vehicles. It hooks into a home gas line and allows people to fill their ... Read more →

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