The Colorado Energy Office in partnership with the Regional Air Quality Council, and the Colorado Department of Transportation launched the third round Request for Applications through the “ALT Fuels Colorado” grant program.
As part of the ALT Fuels Colorado program, the Colorado Energy Office is requesting proposals for the construction of new, publicly accessible compressed natural gas stations, and optional co-located electric charging and propane fueling stations, along major transportation corridors throughout Colorado.
Funding allocations will go exclusively toward the purchase of station equipment for developing CNG stations with up to $500,000, or 80% of the total equipment cost (whichever is lower), awarded to each successful application, CEO said in a statement.
The installation of co-located electric vehicle supply equipment fast chargers and LPG stations may qualify for up to an additional $50,000 (80% of equipment costs) in funding available for each fuel type with a potential maximum grant allocation of $600,000 (CNG + EVSE + LPG) per station.
CEO has approximately $2 million in available funding during this round. Funding rounds will be announced approximately every six months from 2014 to 2017 until all funds are distributed.
All fueling station projects must be completed within 12 months of the execution of funding contracts.
The ALT Fuels Colorado grant program will provide $30 million over a 4 year period (2014 to 2017) through the Federal Highway Administration’s Congestion Mitigation and Air Quality program to advance Colorado’s adoption of alternative fuel vehicles. Collectively, these grants will provide funding to advance the adoption of alternative fuels in the transportation sector.
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LNG World News Staff