Here is a list of current 2024 incentives for zero-emission and low-emission vehicles available for commercial fleet operators in Tennessee, specifically those working with the East Tennessee Clean Fuels Coalition:
Here is a list of current 2024 incentives for zero-emission and low-emission vehicles available for commercial fleet operators in Tennessee, specifically those working with the East Tennessee Clean Fuels Coalition:
Reducing Diesel Emissions for a Healthier Tennessee Program: Offers grants for replacing older diesel vehicles with alternative fuel vehicles, or new diesels that meet current emission standards. Funding can cover up to 45% of new vehicle costs, depending on emissions performance.
Inflation Reduction Act Vehicle Credits: Businesses purchasing new electric vehicles (EVs) and fuel cell electric vehicles (FCEVs) can benefit from a tax credit. This includes 30% of the purchase price for EVs and FCEVs, with a maximum of $40,000 for vehicles over 14,000 lbs.
Electric Vehicle Infrastructure Support: Tennessee's participation in the National Electric Highway Coalition supports the development of a network of direct current fast charging stations, ensuring efficient charging infrastructure along major highways.
Tennessee's NEVI Planning: The NEVI Formula Program requires Tennessee to submit annual plans for deploying EV infrastructure, utilizing federal funds to establish charging stations every 50 miles along interstates and major highways.
Commercial Time-of-Use Rate by TVA: The Tennessee Valley Authority offers special electricity rates for businesses with direct current fast chargers, encouraging the use of EVs by reducing operational costs during off-peak hours.
Each of these incentives is designed to support the transition to more sustainable vehicle technologies, aligning with Tennessee's broader environmental and energy efficiency goals.
TN East Tennessee Clean Fuels
311 Conference Center Bldg
Knoxville, TN 37996
Web Links - Projects The Tennessee Green Fleets awards program is a new opportunity for fleets that operate in Tennessee to receive certification for their efforts to reduce petroleum consumption, improve air quality, and save money. East Tennessee Clean Fuels will administer this program and review fleets’ overall operations to assess and score their efforts.
