Low-Interest Alternative Fuels Loan Program (Oklahoma)

From Open Energy Information

Summary

Last modified on May 23, 2011.

Financial Incentive Program

Place Oklahoma


Name Low-Interest Alternative Fuels Loan Program
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial
Eligible Technologies Renewable Fuel Vehicles
Active Incentive No
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount 3% interest loans













Terms Maximum three-year loan period
Program Administrator Association of Central Oklahoma Governments
Website http://www.okcleancities.org/ok_loanfunds.php


References DSIRE[1]


Summary

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.

Incentive Contact

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
Zip/Postal Code 73104-2405
Phone (405) 234-2264


Email yanderson@acogok.org
Website http://www.okcleancities.org



  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"