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Key Economic Indicators
Item Rate
CPI: 0.1% (Jul 2017) 
GDP Growth: 3% (2nd Qtr 2017)
Bank Prime Interest Rate: 4.25%
Consumer Confidence: 122.9% (Aug 2017)
Small Biz Confidence: 105.2% (Jul 2017)
Avg Gas Price: $2.66










22 July 2012


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Retrofit Your Fleet with Financial Help From The State Of California

The State of California is assisting small businesses with a fleet of 10 or fewer vehicles with financial assistance to upgrade to quickly replace or retrofit their older heavy-duty diesel vehicles.

Only vehicles with the 2002 or older model year diesel engines may qualify for the program.  However, if you have vehicles with 1994-2006 model year diesel engines they may be eligible for funding towards the purchase of an exhaust retrofit.

The Truck replacement grant range from $10,000 to $45,000.  The exhaust retrofit grant range from $5,000 to $10,000.  The Money can be used to fund the purchase of a replacement vehicle that has a 2007 or newer engine.

Other criteria include:

- The fleet must be owned and operated in California 75% of the time for the previous 2 years.

- The fleet must consist of 10 or fewer heavy-duty diesel vehicles.

- Vehicles must have a Gross Vehicle Weight Rating of 19,501 pounds or more.

- Operating a minimum of 15,000 miles per year or consuming 1,500 gallons of diesel fuel per year during the previous two years.

- Retrofits must be ARB verified.

The California EPA Voucher Incentive Program

By Tim Miller










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