The Arkansas Energy Office (AEO), a division of the Arkansas Economic Development Commission, is reopening the Gaseous Fuels Rebate Program to offer $1.315 million in rebates, according to a release.
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-burning motor fuels, including compressed natural gas (CNG), liquefied natural gas (LNG), and liquefied petroleum gas (LPG). Up to three rebates will be offered to stations located in publicly accessible areas with a high population density, according to the AEO.
In addition, the AEO announced a total of $115,000 in rebates will be awarded through its Clean Fuel Vehicle Rebate Program, also part of the Gaseous Fuels Rebate Program. The Clean Fuel Vehicle Rebate Program applies to fleet operators as well as residents in Arkansas for the conversion to or purchase of a CNG or propane fleet.
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 percent 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, according to the AEO.
Applications and complete information are available from the AEO.