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Banking and Trading Credits for Standard Compliance

State and alternative fuel provider covered fleets may meet their Energy Policy Act (EPAct) requirements through the Standard Compliance method by applying banked credits or purchasing credits from other covered fleets.

Banking Credits

Covered fleets earn credits for acquiring light-duty alternative fuel vehicles (AFVs) beyond their requirements. After satisfying these requirements, fleets may earn credit for acquiring heavy-duty AFVs. Credits from AFV acquisitions may be banked for future use or traded. Non-covered fleets may not earn credits.

Trading Credits

Credit trading is allowed between fleets that need to buy or sell banked credits. Use these tools to find fleets that may have credits to trade:

• Credits Bulletin Board
• List of Fleets With Excess Credits

After you locate a buyer or seller, use the proof of credit transfer form. This form requires the original signatures of the buyer and seller. DOE will notify the buyer and seller when the trade is approved.