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Buy-Down Incentives for Natural Gas and Propane Vehicles
This PON is to announce that funding is available and reservations will be accepted according to the schedule above for buy-down incentives to reduce the purchase or lease price of new on-road natural gas and propane vehicles. The incentives are available on a first-come, first-served basis and at varying levels depending on the gross vehicle weight and fuel type.
The purpose of this PON is to provide incentives that will directly benefit California's economy and the environment by expanding the use of domestically produced non-petroleum fuels that are lower-cost alternatives to gasoline and diesel and have lower carbon emission characteristics.
