Page 14 - nov-dec 2022

Important Information on the Alternative

Fuel Tax Credit

n August 2022, NPGA played a criti- The Next Steps:
cal role in the reinstatement of the Al-
ternative Fuel Tax Credit. The credit 1) Share the Alternative Fuel Tax Credit
Iis now available through December document, with your tax professional. This
31, 2024, and NPGA estimates it to be document is not tax advice. It is a tool for
worth over $200 million annually to the you to share with your tax professional. A
propane industry. Claim the credit. Don’t tax professional can determine eligibility
leave money on the table. and use of the credit.

DSS7 2) Keep in mind - the credit is available
Dual Second-Stage Regulator
retroactively for 2022. There is a 180-day
window to submit all retroactive claims.
The revolutionary DSS7 regulators offer a new
level of safety to the industry by shutting off flow This one-time opportunity begins on Oc-
to the building if it detects an unsafe overpressure tober 13, 2022, and runs through April 11,
condition or if the container runs out of propane. 2023.

3) Share the document with your custom-
• Superior stability and
performance ers.
• Outlet connection has
a sensing tube which
monitors the 4) Forklifts are eligible to claim the Alter-
downstream
pressure native Fuel Tax Credit.
• Has a 'slam shut'
shutoff device
• For domestic and 5) Claim your tax credit.
light commercial
applications
NPGA is sharing this document with all
association members. It will also be avail-
able on the member dashboard of NPGA’s
website.

If you have any questions, please contact
Michael Baker, NPGA’s Vice President of
Legislative Affairs, at mbaker@npga.org.
bergquistinc.com | 800.448.9504

10/10/2022 1:00:00 PM
14 Alabama - Bergquist October 2022 ad copy.indd 1 Alabama Propane Gas Association | November / December 2022