Rebate Fund for Converting Vehicles

The Arkansas Department of Economic Development established a rebate fund for the cost of converting vehicles to operate on alternative fuels. The fund provides a 50% rebate of up to $2,000 for each vehicle converted to operate on CNG, LNG, and electricity, and up to $1,000 for each vehicle converted to operate on LPG, methanol, and ethanol. The 50% rebate is also available for the incremental cost of purchasing an OEM AFV, with a maximum of $2,000 per rebate. Local governments and private individuals are eligible for these rebates; however, fuel suppliers and state governments are not.