Texas announces new rebate for clean fuel light duty vehicle adoption
The Texas Light-Duty Motor Vehicle Purchase or Lease Incentive Programme (LDPLIP) will provide rebate incentives state-wide to persons who purchase or lease an eligible new light-duty motor vehicle (10,000 pounds or less ) powered by Autogas, CNG, hydrogen fuel cells, or electric drives (plug-in or plug-in hybrid). Only vehicles purchased in Texas are eligible for the incentive.
A total of $7.7 million is available for all light-duty vehicle grants, and the programme includes a limit of 1,000 rebates to be made available for LPG and CNG grants.
Autogas vehicles qualify for a rebate of $5,000 in case of new purchases or longer-term leases. Leases that are 2-3 years in duration qualify for $3,330, and 1-2 year lease qualifies for $1,665. Converted vehicles qualify if converted within 500 miles of operation after first sale.
The Texas Commission on Environmental Quality (TQEQ) will receive applications until 31 May 2019. For more information, please check this link.