66 More, and As Much as $15,000 Toward Truck Conversion Cost
The American Power Group reports the addition of 66 engines families now eligible for funding of as much as $15,000 per dual fuel natural gas-diesel vehicle conversion in Texas.
The money is furnished by TECQ, the Texas Commission on Environmental Quality, under ERIG, the agency’s Emission Reduction Incentive Grants program.
The 66 families include Volvo D13, Mack MP8, Detroit Diesel DD13, and Detroit Diesel DD15 engines, including 18 late-model Class 8 SCR/selective catalyst reduction engines, APG says.
‘More and More’
Grant recipients, the company says, may be eligible for reimbursement of the incremental cost of the purchase and installation of the retrofit and/or add-on technology: “The grant amounts are variable and may range from several thousand dollars up to $15,000 based on the total tonnage of estimated NOx reduction over the required life of the vehicle.”
“We are seeing more and more state and federal emission reduction and alternative fuel programs acknowledge the benefits of EPA-approved dual fuel conversion systems by inclusion in their incentive eligibility definitions,” APG CEO Lyle Jensen said in a release.
Grants Mean Reduced ROI Time
“We are pleased to have over 470 of our EPA approved dual fuel engine families now eligible so the growing number of Texas fleet owners who are interested in alternative fuel systems and may be able to reduce a measurable portion of their investment through the ERIG program,” Jensen said. “Award of an average APG dual fuel grant is projected to reduce the investment payback period by ten to fifteen months.”
“Customer approvals for dual fuel conversion grants from the latest application deadline are expected to be announced this summer.”
Contact information is only available to premium subscribers. Click here to purchase a subscription.
Source: American Power Group with Fleets & Fuels follow-up