Alternative Fuel School Bus Loan Program

August 11, 2021

Summary

Virginia Code 22.1-146 authorizes the Virginia Board of Education to make loans from the Literary Fund. These loans are available for a variety of purposes, including equipping school buses for conversions to alternative fuel and for construction of school bus fueling facilities that supply alternative fuels.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Virginia
Incentive Type:	Loan Program
Web Site:	https://law.lis.virginia.gov/vacode/title22.1/chapter10/section22.1-146/
Administrator:	Virginia Board of Education
Start Date:
Eligible Renewable/Other Technologies:	Electric School Buses Level-2 Electric Vehicle Service Equipment Direct Current Fast Charging Equipment
Maximum Loan:	Varies
Loan Term:	Varies
Interest Rate:	Varies

Authorities

Name:

Virginia Code 22.1-146

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.