Get Gas-1252 Alternative Fuels Provider Return North Carolina

The average propane price in NC is currently: $3.28 per gal.

Sales tax: Sales tax for delivered heating fuels is not included in the cost per gallon. State law requires that be sales tax be added to the selling price. The state sales tax rate is 4.75% and the local sales tax rate is 2% or 2.25%, except for 2.5% in Mecklenburg County.

Ordinarily dyed diesel fuel is not taxed because it is sold for uses exempt from excise tax, such as to farmers for farming purposes. Vendors who sell dyed diesel fuel for highway use must file the Department's Motor Fuel Backup Tax Return (Gas 1259) to pay the tax on the dyed fuel.

(f) Effective January 1, 2021, the motor fuel excise tax rate shall be the greater of thirty-six and one-tenth cents (36.1¢) per gallon or the rate calculated from the preceding calendar year, multiplied by a percentage.

State law requires that be sales tax be added to the selling price. The state sales tax rate is 4.75% and the local sales tax rate is 2% or 2.25%, except for 2.5% in Mecklenburg County.

The cheapest time to buy propane lies between late September to early October. The reasons that propane becomes inexpensive during this time are: Stable weather conditions. Low demand.

Who qualifies for the tax credit? The tax credit is available to those who sell propane or other alternative fuels for use in a motor vehicle or motorboat and those who use them for those same purposes. Both the sale and use of the fuel must take place in the United States.

Natural gas and electricity are regulated by the NC Utilities Commission and propane is not. Rates for all fuels tend to rise in the winter and vary from year to year.