Acquiring Alternative Fuel Vehicles for Standard Compliance
Through Standard Compliance, state and alternative fuel provider covered fleets may meet their Energy Policy Act (EPAct) requirements each year by acquiring alternative fuel vehicles (AFVs) as a percentage of their light-duty, non-excluded vehicle acquisitions. Fleets may also convert conventional vehicles to run on alternative fuel within 4 months of acquiring the vehicles.
State Fleets – 75% of light-duty, non-excluded vehicles acquired must be alternative fuel vehicles
Purchasing used AFVs may be a cost-effective way to meet requirements. Used AFVs count as new acquisitions if they are new to the covered fleet that acquires them.
Credits for Alternative Fuel Vehicles
Covered fleets can earn one credit for each qualified light-, medium-, and heavy-duty AFV they acquire annually beyond their requirement for light-duty AFV acquisitions. Many fleets acquire more AFVs than required in a single model year. Fleets may bank excess credits for future use or sell them to other fleets.
Fleets that do not acquire enough AFVs and do not have enough banked credits to meet their requirements are considered noncompliant. Fleets may resolve credit deficiencies by buying credits from fleets with banked credits.