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GE offers hybrid rebate program

Published Thursday, April 17, 2008

GE Capital Solutions Fleet Services has announced a hybrid rebate program for fleets that invest in green technology by leasing hybrid vehicles. The Energy Tax Incentives Act of 2005 reserves $875 million for advanced vehicular technology projects such as hybrid tax credits. GE’s program tracks eligible vehicles for its customers through PricewaterhouseCoooper's Like Kind Exchange Services group. GE then calculates a hybrid credit based on eligible vehicles, providing the allocated rebate to its customers without an additional administrative fee, the company said. “Hybrids aren’t the only way to boost a fleet’s environmental performance, but they can ...

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