Low-Interest Alternative Fuels Loan Program (Oklahoma)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Low-Interest Alternative Fuels Loan Program|
|Incentive Type||State Loan Program|
|Applicable Sector||Commercial, Industrial|
|Eligible Technologies||Renewable Fuel Vehicles|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||3% interest loans|
|Terms||Maximum three-year loan period|
|Program Administrator||Association of Central Oklahoma Governments|
|Date added to DSIRE||2003-01-09|
|Last DSIRE Review||2004-06-08|
Oklahoma has a loan program with a 3% interest rate for the cost of converting private fleets to operate on alternative fuels and for the incremental cost of purchasing an original equipment manufacturer (OEM) AFV. The repayment of the loan is made from fuel savings during a maximum three-year period.
|Contact Name||Yvonne Anderson|
|Department||Association of Central Oklahoma Governments|
|Division||Central Oklahoma Clean Cities|
|Address||21 E. Main Street, Suit 100|
|Place||Oklahoma City, Oklahoma|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.