Governor Tom Corbett has signed House Bill 1950, the Marcellus Shale bill, into law. The law creates a Natural Gas Energy Development Program, which will provide incentives to convert fleets with vehicles weighing at least 14,000 pounds to compressed natural gas, liquefied natural gas or hi-fuel vehicles.
In order to be eligible to receive a grant, an eligible applicant must provide to the Department of Environmental Protection ("Department") a plan to convert five or more fleet vehicles into eligible vehicles or purchase five or more eligible vehicles.
A grant for an eligible vehicle shall be limited so that it will not exceed 50% of the incremental purchase cost. Further, the amount of the grant may not exceed $25,000 for each fleet vehicle.
This incentive should be considered and evaluated by eligible applicants. Any questions should be directed to Tim Adams or your Schneider Downs contact.
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