The Arkansas Energy Office (AEO), a division of the Arkansas Economic Development Commission, has announced it is reopening the Gaseous Fuels Rebate Program with a total of $1.315 million in rebates.
Approximately $1.2 million in rebates will be administered for new refueling stations or the retrofitting of existing refueling stations in Arkansas that provide public access to clean motor fuels, including compressed natural gas (CNG), liquefied natural gas and liquefied petroleum gas. The AEO notes up to three rebates will be offered to public-access stations located in areas with a high population density.
In addition, the AEO will award a total of $115,000 in rebates through its Clean Fuel Vehicle Rebate Program, also part of the Gaseous Fuels Rebate Program.
The Clean Fuel Vehicle Rebate Program applies to Arkansas fleet operators and residents that either covert to CNG or propane or purchase a CNG or propane fleet.
The AEO notes that the rebate amount is dependent upon the cost of conversion or incremental cost of a clean fuel vehicle and allows for a rebate equivalent to the lesser of 50% of the conversion/incremental cost or $4,500 per vehicle. It is estimated that about 25 vehicles will be eligible for the rebates. The rebates are available on a first-come, first-served basis.
For more information on the AEO's CNG programs or for an application, visit arkansasenergy.org.
