May 1, 2017 Changes to the Propane Vehicle Incentive Program Go Into Effect

No Incentive Sign

May 1, 2017 Changes to the Propane Vehicle Incentive Program Go Into Effect

Currently, the Propane Council of Texas ( ProCOT) Propane Vehicle Incentive Program awards up to $7,500 per eligible propane vehicle converted or purchased for customer fleets registered and operated in Texas. Eligible customer fleets include private, non-profits, and public white fleet (e.g. local government, police, etc). A fleet is defined as a entity that operates 3 or more vehicles. There is a $30,000 cap per qualifying fleet.

Earlier this month, ProCOT received $90,000 in propane vehicle incentive applications in 48 hours; which was 70% of funding available for vehicles for 2017.

Last week, the ProCOT Board voted to allocate more money to the program; however as of May 1, 2017, the incentive will be reduced from $7,500 per vehicle to up to $5,000 per qualifying vehicle. The reduced incentive will help stretch dollars further and allow even more vehicles to make the switch to cleaner-burning propane autogas.

Completed applications received before May 1, 2017 may be eligible for the $7,500 incentive per vehicle with the $30,000 lifetime cap.

Incentives are available first come, first serve while funds are available. Pre-qualification is highly encouraged.

Click here to learn more about the program