We've seen some signs of things starting to turn around with the economy (knock on wood) and several customers have approved TERP grants from earlier rounds they set aside for better times.
Take this opportunity to go back and see exactly when your forms say your purchase deadline is. As long as it hasn't passed you have two options. You can purchase before the time runs out or file for an extension.
The 2009 ERIG round was the first in a long time where many applicants who filed correctly were turned down or placed on the contingency list. The TCEQ had more applicants than money.
If you already have grant approval make sure you hold on to it unless you are sure you are no longer going to buy.
Increased interest in the TERP program has made it tougher to get these dollars. Don't let them slip away.
Wednesday, March 10, 2010
ROMCO's Facebook Page
Just a quick step back from TERP talk for a general announcement...
We've created a Facebook page that will have some TERP news, but will mainly be a site for ROMCO in general. We'll post links to videos of interest and any manufacturer specials that could save you money on equiment or parts and service.
This page will still be the better to follow if your only interest is the TERP program, but if you have a FB account feel free to add us as a friend.
We've created a Facebook page that will have some TERP news, but will mainly be a site for ROMCO in general. We'll post links to videos of interest and any manufacturer specials that could save you money on equiment or parts and service.
This page will still be the better to follow if your only interest is the TERP program, but if you have a FB account feel free to add us as a friend.
Friday, March 5, 2010
Rebate Grant Officially Closed For This Round
As of 3/1/2010 the Rebate Grant round officially closed.
Hopefully if you were planning to file you beat the deadline. Otherwise there's a grant round (ERIG) of the horizon in the next couple of months.
Hopefully if you were planning to file you beat the deadline. Otherwise there's a grant round (ERIG) of the horizon in the next couple of months.
Wednesday, February 24, 2010
Rebate Grant Update: It's Going Fast
Two weeks after it opened this Rebate Grant round is almost out of funds. More than $13 million at the start has been whittled down to $1,286,932 as of Monday.
We had a few customers jump on this opportunity for ARRA stimulus dollars and it appears they weren't the only ones.
Rebate Grants may have gained some fans since recipents don't have the worry of meeting annual hour numbers.
The next round will be in the ERIG format in the April/May time frame. You may want to start thinking about how many hours you can comfortably commit to now.
We had a few customers jump on this opportunity for ARRA stimulus dollars and it appears they weren't the only ones.
Rebate Grants may have gained some fans since recipents don't have the worry of meeting annual hour numbers.
The next round will be in the ERIG format in the April/May time frame. You may want to start thinking about how many hours you can comfortably commit to now.
Monday, February 8, 2010
TERP ARRA Rebate Grant Round Open
Word has come down in the last ten minutes or so that this has officially opened and forms are ready for download from the TCEQ's website.
On-road applications now allow for diesel, natural gas or propane powered vehicles, but since the focus here is off-road construction equipment I won't go into any more detail except to make you aware this widens the applicant pool a little which means more people competing for the same money.
This round closes on April 20, 2010, but since it is first come, first served there's a good chance the money will be gone by then anyway.
Good luck.
*UPDATE*
Forgot to list the starting dollar amount: $13,165,683 (as of February 8, 2010)
On-road applications now allow for diesel, natural gas or propane powered vehicles, but since the focus here is off-road construction equipment I won't go into any more detail except to make you aware this widens the applicant pool a little which means more people competing for the same money.
This round closes on April 20, 2010, but since it is first come, first served there's a good chance the money will be gone by then anyway.
Good luck.
*UPDATE*
Forgot to list the starting dollar amount: $13,165,683 (as of February 8, 2010)
Thursday, February 4, 2010
HDVEGP Puchase Deadline on the Horizon
If you have an approved grant with the HDVEGP then be aware the deadline to buy is April 30th of this year.
That is the round currently being run by the North Central Texas Council of Governments and money is actually still available.
At this point it would take a somewhat quick turnaround of gathering information, applying, getting approved and then purchasing, but you do have time.
With the ARRA-sponsored Rebate Grant round kicking off sometime this month and talk of an ERIG round opening in April or May there are some good grant opportunities out there.
That is the round currently being run by the North Central Texas Council of Governments and money is actually still available.
At this point it would take a somewhat quick turnaround of gathering information, applying, getting approved and then purchasing, but you do have time.
With the ARRA-sponsored Rebate Grant round kicking off sometime this month and talk of an ERIG round opening in April or May there are some good grant opportunities out there.
Wednesday, January 20, 2010
Rebate Status The Same, ERIG Update
We're in a holding pattern for the next ARRA-sponsored Rebate Grant round which is still scheduled to start sometime in February. No solid date yet.
The next ERIG round will be in April or May based on what I've been told by the state. Keep in mind they have processes to go through and at times dates get pushed back, but that is what the expectations are as of today.
The next ERIG round will be in April or May based on what I've been told by the state. Keep in mind they have processes to go through and at times dates get pushed back, but that is what the expectations are as of today.
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