But that’s just the start. According to the NAFA Fleet Management Assn., among the eligible projects are EPA or CARB verified and/or certified retrofit technologies and engines, engine repowers, engine rebuilds, or engine replacements and EPA-verified idle reduction technologies such as auxiliary power units.
In all, there is $300 million for Diesel Emission Reduction Act grants available.
That’s great. But you only have until the end of March to take advantage. And, you must be a public or non-private fleet.
Talk about restrictions.
The money is allocated, so the government easily could have allowed the program to continue until the funds ran out. It chose not to, instead putting a 30-day expiration date on the funding.
Even more troublesome is the difficulty a large number of fleets will have getting the grants. According to the EPA, the grants are available to public and non-profit fleets. That accounts for only about one-quarter of the trucking industry. In order to take advantage of the grants, one of the 633,600 private fleets in the country, almost 75% of the industry, would need to partner with a non-profit, who would submit the request.
Which non-profit is going to be willing to help out a private company right now? Probably not many. Given the restrictions, I am anxious to see how much stimulus this funding will actually create.