The Arkansas Energy Office (AEO), a division of the Arkansas Economic Development Commission, announced a total of $800,000 in rebates will be provided to two fueling station operators – one in Springdale and one in West Memphis.
The station operators will be awarded the funds through the Gaseous Fuels Rebate Program and will install Compressed Natural Gas (CNG) equipment to provide public access the alternative motor fuel.
The following stations will each receive a $400,000 rebate once the CNG infrastructure is in place and available to the general public:
- Kum & Go: Springdale, Arkansas, 1220 E. Robinson
- Love’s Travel Stop & Country Store: West Memphis, 800 Martin Luther King Drive
Both stations are anticipated to have CNG access available by late 2014.
A review panel of industry professionals and leaders rated applications based on factors including geography and project feasibility along with the manner in which the stations aligned with AEO’s goals for alternative fuels development in the state.
“CNG continues to play a large role in our efforts to build a sustainable economy,” said Grant Tennille, executive director of the Arkansas Economic Development Commission. “These rebates provide one more way we can make the use of alternative fuels an option for Arkansans. I encourage Arkansas’s businesses and citizens to learn more about the benefits of buying or converting to a CNG vehicle.”
Talk Business Staff
Latest posts by Talk Business Staff (see all)
- Energy In-depth: Honorable’s FERC Approval Triggers Next Moves - December 19, 2014
- Arkansas Unemployment Rate Falls to 5.8% For November - December 19, 2014
- ArcBest Corp. Plans CFO Transition As Cobb, Newcity Promoted - December 19, 2014