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EPA will fund: Verified Exhaust Control Technologies: up to 100% of the cost of eligible verified exhaust control technologies. Verified/Certified Engine Upgrades: up to 40% of the cost (labor and equipment) of eligible engine upgrades. Certified Engine Repower: up to 40% of the cost (labor and equipment) of an eligible engine repower.
EPA will fund: Verified Exhaust Control Technologies: EPA will fund up to 100% of the cost of eligible verified exhaust control technologies. Verified/Certified Engine Upgrades: EPA will fund up to 40% of the cost (labor and equipment) of eligible engine upgrades.
Summary of what EPA will fund: Verified Exhaust Control Technologies: EPA will fund up to 100% of the cost of eligible verified exhaust control technologies. Verified/Certified Engine Upgrades: EPA will fund up to 40% of the cost (labor and equipment) of eligible engine upgrades.
You may also qualify for state and local incentives that can further reduce the cost of transitioning your fleet to EVs, which companies ranging from Amazon to Ikea are taking steps to do. Much like bus depots have their own gas stations, you can reduce fuel costs for your fleet by owning the means to produce and distribute that fuel.
Tax credits for installing EV charging stations are available in a variety of forms, and many of them apply toward the cost of equipment and installation. Washington state offers tax credits for up to 50% of the costs of equipment and related costs. They include incentives for installing EV charging stations.
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