Imagine your future with cleaner, quieter and more comfortable buses. If you operate a transit or school bus fleet in Indiana, Kentucky, North Carolina, Ohio, Pennsylvania, Virginia or West Virginia, your future is here.
For a limited time, AEP and Indiana Michigan Power are helping fleet operators replace existing buses with electric at no additional cost. They will cover the price difference between an electric bus and your conventional replacement bus, up to $250,000 per bus.* They will also help cover the cost of charging equipment and installation, up to $4,175 each for school buses and up to $60,600 each for transit buses.**
*Incremental bus cost will be provided on your behalf following the receipt of replacement bus invoices.
**Charging equipment and installation cost will be provided directly to the program applicant following project completion and receipt of invoices.
The application window is open until May 17, 2021 with awards announced no later than July 17, 2021.
For more information about eligibility and the application process view the below documents: