• NY Provides $3 million for Coop Electric Vehicle Purchases
  • February 16, 2017
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • Governor Andrew Cuomo has announced that New York will provide $3 million in funding to help rural electricity cooperatives purchase electric vehicles to replace less fuel-efficient vehicles. Cooperatives that currently receive hydropower from the New York Power Authority are eligible to participate in this new program, which provides zero interest financing recovered over three years.