Electric School Bus Current* Funding Sources NEW YORK STATE FUNDING
New York State Energy Research & Development Authority (NYSERDA)’s Truck Voucher Incentive Program (TVIP) The TVIP provides vouchers for fleets across New York to purchase or lease all-electric, hydrogen fuel cell electric, plug-in hybrid electric, conventional hybrid electric, compressed natural gas, or propane medium and heavyduty vehicles. Eligible groups must follow scrappage requirements for retiring or scrapping old diesel buses to receive funding. For more information on the program and its requirements, please consult NYSERDA’s website or the New York TVIP Implementation Manual. The TVIP is broken up into two funding streams for electric school buses, the 2016 Volkswagen Settlement funds and New York State’s allocations from the Federal Highways Administration’s Congestion Mitigation and Air Quality Improvement Program. NY Volkswagen (VW) Settlement Funds In September 2018, Governor Cuomo and the NYS Department of Environmental Conservation committed $52.4 million of the VW Settlement toward cleaning up buses, including NYLCVEF CLEAN BUS GUIDE
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