Clean Fuel Tax Deductions

For both Corporate and Personal Use

The following are excerpts from IRS Publication 535.

You are allowed a deduction for the cost of clean-fuel vehicle property and clean-fuel vehicle refueling property you place in service during the tax year. 

 

Clean-burning fuels. The following are clean-burning fuels.

  1. Natural gas.
  2. Liquefied natural gas.
  3. Liquefied petroleum gas.
  4. Hydrogen.
  5. Electricity.
  6. Any other fuel that is at least 85% alcohol (any kind) or ether.

Deduction for Clean-Fuel Vehicle Property

The deduction for this property may be claimed regardless of whether the property is used in a trade or business

Clean-fuel vehicle property. Clean-fuel vehicle property is either of the following kinds of property.

Any property installed on a motor vehicle (including installation costs) to enable it to be propelled by a clean-burning fuel

  1. The property is an engine (or modification of an engine) that can use a clean-burning fuel, or
  2. The property is used to store or deliver that fuel to the engine or to exhaust gases from the combustion of that fuel.

For vehicles that may be propelled by both a clean-burning fuel and any other fuel, your deduction is generally the additional cost of permitting the use of the clean-burning fuel.

Following are excerpts from IRS Publication 535 viewable at http://www.irs.gov/publications/p535/ch12.html#d0e10094.

 

We always welcome your input. If your particular country has a similar program, please contact our support department with the appropriate weblink and we will gladly post it here.

 

Information for owners of vehicles under manufacture warranty

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Fractional Hydrogen

Bermingham University Study

Demonstrated the advantages of fractional addition of hydrogen to internal combustion engines yielded benefits in improved combustion stability and reduced nitrogen oxides and hydrocarbon emissions.

University of Cassino HYPOTHESIS Conference agreed.

Roy MacAlister, PE wrote:

Relatively fractional amounts of hydrogen can dramatically increase horsepower and reduce exhaust emissions.

Who We Are

The name HYBRIDgen is a play on the words Hybrid and Hydrogen. We have been granted rights to manufacture, sell and distribute products developed by Spectrum Energy Research Corp.

We are very excited to be at the threshold of a new era. Spectrum Energy Research Corp. is researching and developing hydrogen products for the future, today. You will see these exciting products coming through the doors of HYBRIDgen International.

Spectrum Energy Research Corp. holds all patents and trademarks.

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Our purpose is to bring you the highest quality devices to convert water to fuel. We want you to keep the car you need, go where you want and do so knowing you are reducing gasoline use, improving the environment and saving money in the process.
 
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