Clean Transportation and Infrastructure Loans

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Efficiency Maine administers the Maine Clean Energy and Sustainability Accelerator (Accelerator) to provide loans for qualified alternative fuel vehicle (AFV) projects, including the purchase of plug-in electric vehicles, fuel cell electric vehicles, zero emission vehicles (ZEVs), and associated vehicle charging and fueling infrastructure. Recipients must direct 40% of funds towards low-income communities and communities of color.

The Accelerator must also establish a financing program to provide low- and zero-interest loans to schools, municipalities, and non-profit organizations to purchase ZEVs and associated fueling infrastructure. The Accelerator must publish an annual report, including greenhouse gas emission reductions resulting from investments.

(Reference Legislative Document 1659, 2021)