TCEQ LIGHT DUTY MOTOR VEHICLE PURCHASE OR LEASE INCENTIVE PROGRAM ANNOUNCED

The Texas Commission on Environmental Quality (TCEQ) has announced that up to $7.8 million in grants is being made available for its new Light-Duty Motor Vehicle Purchase or Lease Incentive (LDPLI) Program. The LDPLI is a statewide program to provide financial incentives of up to $2,500 for the purchase or lease of eligible new vehicles powered by CNG, propane, or electric drives (plug-in). Texas Health and Safety Code Section 386.151 (2), defines a light-duty motor vehicle as a vehicle with a gross vehicle weight rating of less than 10,000 pounds. Applications will be accepted on a first-come, first-served basis until June 26, 2015 or until all funding is awarded, whichever comes first. Only purchases completed after the official opening of the grant round are eligible to apply for a rebate. A listing of eligible vehicles under the LDPLI is available on the TERP web site at www.terpgrants.org. For more information on the LDPLI program, contact the TERP program at 800.919.8377.