California offers subsidies for natural gas and propane-powered vehicles
March 15, 2012
• But the more than $8.5 Million will only help a few hundred
• Money goes to makers or dealers
The California Energy Commission has approved funding of $8,554,000 to help bring natural gas and propane-powered shuttle buses, cars and trucks to California's roadways.
It sounds like a lot of money, but the commission figures it will help pay for only about 357 new natural gas-powered vehicles and 110 propane-powered vehicles.
"This award will help pay the difference between a conventional gasoline- or diesel-powered vehicle and one powered by a much cleaner alternative fuel," says Energy Commissioner Carla Peterman. "Individual consumers as well as public and private fleet operators can benefit from this funding.”
The money is going in blocks to vehicle makers or their designated dealers. The incentives are supposed to be passed on to individual buyers at the point of sale.
Of the grants, two are going to Central Valley companies.
Big Valley Ford of Stockton was awarded $84,000 for the buy-down of 14 propane-powered vehicles in the 8,501-to-14,000 pounds weight range. The original equipment manufacturer is Ford Motor Company.
Bonander Buick GMC of Turlock was awarded $190,000 for the buy-down of 19 propane vehicles manufactured by General Motors. The vehicles will be in the gross weight range of 14,001 to 26,000 pounds.