§Starting 10/1/06 for 3 years an excise tax credit
called “VECTC” for CNG & LNG fuels
–$.50 per gallon (gge) for light
duty vehicles
–$.50 per liquid gallon for heavy
duty vehicles using LNG or about $.64 per dge
–Credits offset by increase in
federal excise tax
§CNG increases from $.043 cost per gge to
$.183
§LNG increases from $.119 cost per liquid gallon
to $.243 or $.435 per dge