Thursday, December 19, 2013
Propane Council of Texas Offers Business Fleet Incentive Program
The Propane Council of Texas (ProCOT) defines a private fleet as a business fleet with three or more vehicles registered in Texas. Incentives are available for the purchase of new, dedicated original equipment manufacturer (OEM) propane autogas vehicles up to $7,500. The Propane Council is also offering incentives for vehicles converted to propane autogas up to $5,000. The program cap is $15,000 per fleet. In return for the incentive, vehicle incentive recipients will be required to provide data on their fleet.
“The funds are seed money for fleets for to try their first two or three propane autogas vehicles,” said Jackie Mason, Education and Marketing Director for the Propane Council of Texas (ProCOT). “We believe after their first couple propane autogas vehicles fleets will see the benefits of going propane without the incentive and continue to adopt propane into their fleet.”
The benefits of propane autogas include a 30 to 50 percent reduction in fuel costs, a significant decrease in the amount of harmful emissions, and reduced vehicle maintenance due to propane’s high octane rating. Propane is an American made alternative fuel, with two-thirds of the nation’s supply being produced right here in the Lone Star State. Read more here.