![Heavy-Duty Alternative Fuel and Advanced Vehicle Purchase Vouchers](https://bestevoptions.com/wp-content/uploads/2023/06/ev-267x150.jpg)
Heavy-Duty Alternative Fuel and Advanced Vehicle Purchase Vouchers
Type: State Incentives | Jurisdiction: New York
The New York State Energy Research and Development Authority (NYSERDA) provides incentives for all-electric and hydrogen fuel cell electric trucks and buses. Incentives are released on a staggered schedule and are distributed based on the following criteria:
Technology Type | Incentive Amount |
Class 4-8 All-Electric and Hydrogen Fuel Cell Electric Trucks | 95% of the incremental cost, up to $185,000 per vehicle |
Class 4-8 All-Electric and Hydrogen Fuel Cell Electric Transit Buses | 100% of the incremental cost, up to $385,000 per vehicle |
Class 4-8 All-Electric School Buses | 100% of the incremental cost, up to $220,000 per vehicle |
All-Electric Non-Road Port Cargo Handling Equipment | 90% of the incremental cost, up to $170,000 per vehicle |
Repower All-Electric Non-Road Port Cargo Handling Equipment | 90% of the incremental cost, up to $140,000 |
Eligible vehicles must be in operation 80% of the time and for a minimum of five years. School buses may only receive the maximum funding amount if the vehicle is domiciled within half a mile of a disadvantaged community. Additional terms and conditions apply. For more information, including voucher availability and vehicle eligibility, see the NYSERDA New York Truck Voucher Incentive Program website.