Peterbilt’s complete line of hybrid products are eligible for United States Environmental Protection Agency (EPA) grants up to 25 percent of the total quoted vehicle cost. Time is running out, though; applications for funding must be received by the EPA prior to April 1, 2009.
Eaton, hybrid system developer, has collaborated with the Environmental Defense Fund to complete and submit applications on behalf of Peterbilt and its customers to receive the available Diesel Emission Reduction Act grant discounts. Peterbilt hybrid customers must complete a non-binding letter of intent to purchase and a customer application form prior to April 1, 2009, to be eligible for the grant. Additional federal tax credits of up to $12,000 and state and municipal funding may also be available to further offset the hybrid equipment costs.
The grant is available for regional, state and local governmental agencies, non-profit organizations, municipalities and public and private companies that operate on behalf of these entities.
Peterbilt Hybrid vehicles eligible for the discount include the Model 330 Hybrid Electric, Model 335 Hybrid Electric and Model 320 Hydraulic Launch Assist. For more information contact your local Peterbilt dealer or visit www.Peterbilt.com.