VW Settlement – Environmental Mitigation Trust Available For Alternative Energy Investment
There is money available to municipalities and fleet owners looking to update their older diesel trucks or buses. The recent VW settlement makes $2.7B available as grants to be distributed among the States over the next three years. It is incumbent upon you to request funds from your state trustee via a plan that outlines how you will reduce NOx through implementation of clean, domestic CNG-powered vehicles. Each state’s portion of the VW Settlement is different (based on the number of VW’s sold into each state), so the competition for the funds will be fierce. We’re here to help you get to the front of the line. Please get with your local TruStar Energy Representative for more information on how we can help you obtain funding.
What does this mean to you?
$2.7 Billion Available for State Mitigation Efforts
Municipalities Eligible For 100% Funding Of New CNG Vehicles
Privately Owned Fleets Serving Municipalities Eligible For 100% Funding Of New CNG Vehicles
Non-Municipalities Eligible For 25% Funding Of New CNG Vehicles
Drayage Fleets Eligible For 50% Funding Of New CNG Vehicles