GOV. RITTER ANNOUNCES 40 MORE E85 ETHANOL FUEL PUMPS TO OPEN STATEWIDE
Feb15, 2007 , Governor Ritter As part of his commitment to a New Energy Economy,
Gov. Bill Ritter announced today that 40 new E85 ethanol fuel pumps will open at
22 gas stations state wide over the next year. Colorado is the largest
beneficiary of a 12-state public-private partnership by General Motors to expand
the availability of E85, a fuel made from a combination of 15% gasoline and 85%
ethanol
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The Governor also says that he will use an E85 Capable vehicle in his day to day
operations.
Expect Colorado to continue adding E85 pumps in 2007 in record numbers
Colorado Tax Credits
ALTERNATIVE FUEL REFUELING FACILITY CREDIT
For tax years beginning prior to January 1, 2011, Colorado
income tax credits are available for the construction, reconstruction or acquisition of
an alternative fuel refueling facility that is directly attributable to the storage,
compression, charging or dispensing of alternative fuels to motor vehicles.
The percentage of the credit is determined by the tax year in
which the costs are incurred:
Tax year beginning prior to Tax year beginning prior to Tax year
beginning prior to:
Jan. 1, 2006 50% Jan. 1, 2009 Jan. 1, 35% 2011 20%
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