How do I determine the number of banked credits to apply to ensure compliance with the fleets annual AFV-acquisition requirement?
A. First, calculate the AFV-acquisition requirement for a given model year by multiplying the total non-excluded LDV count by 75% (state fleets) or 90% (alternative fuel provider fleets). Then, subtract the total number of light-duty AFVs acquired and the number of credits earned from neat biodiesel purchased for use (one credit for each 450 gallons of neat biodiesel, limited to 50% of the number of AFV acquisitions required) from the AFV-acquisition requirement. The result is the number of credits below compliance and thus how many banked credits should be acquired and applied to ensure compliance.
