GE offers hybrid rebate program

April 17, 2008
GE Capital Solutions Fleet Services has announced a hybrid rebate program for fleets that invest in green technology by leasing hybrid vehicles

GE Capital Solutions Fleet Services has announced a hybrid rebate program for fleets that invest in green technology by leasing hybrid vehicles.

The Energy Tax Incentives Act of 2005 reserves $875 million for advanced vehicular technology projects such as hybrid tax credits. GE’s program tracks eligible vehicles for its customers through PricewaterhouseCoooper's Like Kind Exchange Services group. GE then calculates a hybrid credit based on eligible vehicles, providing the allocated rebate to its customers without an additional administrative fee, the company said.

“Hybrids aren’t the only way to boost a fleet’s environmental performance, but they can make a huge impact,” said John Righini, chief marketing officer for GE Capital Solutions Fleet Services. “Helping our customers by making that impact more affordable is another way we show our support for their efforts to improve their environmental performance and we look forward to implementing additional initiatives that will help our customers “go green.”

View more Fleet Owner news relating to alternative fuels, fuel conservation, fuel economy and diesel fuel prices.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Mitigate Risk with Data from Route Scores

Route Scores help fleets navigate the risk factors they encounter in the lanes they travel, helping to keep costs down.

Uniting for Bold Solutions to Tackle Transportation’s Biggest Challenges

Over 300 leaders in transportation, logistics, and distribution gathered at Ignite 2024. From new products to innovative solutions, Ignite highlighted the importance of strong...

Seasonal Strategies for Maintaining a Safe & Efficient Fleet Year-Round

Prepare your fleet for every season! From winterizing vehicles to summer heat safety, our eBook covers essential strategies for year-round fleet safety. Download now to reduce...

Streamline Compliance, Ensure Safety and Maximize Driver's Time

Truck weight isn’t the first thing that comes to mind when considering operational efficiency, hours-of-service regulations, and safety ratings, but it can affect all three.