Delaware Offers $2.7M In Alt-Fuel Incentives
Delaware has launched its Clean Transportation Incentive Program (CTIP) to provide financial incentives for alternative-fuel vehicles and infrastructure, according to state officials.
The program will be administered through the state Department of Natural Resources and Environmental Control's (DNREC) Division of Energy and Climate.
With $2.7 million in funding available for the current round of funding, CTIP consists of three rebate programs for purchasing passenger vehicles, heavy-duty trucks, and electric vehicle charging equipment, and two competitive grant programs, according to a release from the DNREC.
All state rebates and grants provided through CTIP are open to Delaware residents, businesses, non-profits, fleets, and state, county, and municipal governments for vehicles titled and registered in Delaware.
CTIP’s passenger vehicle rebate program offers applicants who purchase or lease a new or retrofitted passenger vehicle rebates of $2,200 for new battery and/or plug-in hybrid electric vehicles, and $1,100 for new or leased dedicated propane and natural gas-powered vehicles and retrofitted electric, propane, and natural gas-powered vehicles, according to the DNREC.
On the heavy-duty truck side, QTIP offers applicants rebates up to $20,000 per vehicle when purchasing new, dedicated natural gas fuel systems for tractor trailers or other heavy-duty vehicles, with fleets limited to five heavy-duty trucks per fleet.
CTIP funding is made possible by Delaware’s participation in the Regional Greenhouse Gas Initiative, a market-based cap-and-trade program designed to reduce carbon dioxide and greenhouse gas emissions from the electricity generation sector.
Click here for more information about CTIP.