NextEnergy to Provide Michigan Gas Retailers with Incentives to Sell Biofuels
NextEnergy is a non-profit organization established to promote alternative energy development and use and development in Michigan. After recently opening a hydrogen filling station, they are now distributing financial incentives to expand the bio-fuel infrastructure in the state. NextEnergy got a $150,000 grant from the Michigan Department of Labor and Economic Growth. That money is now being re-distributed to filling stations.
Awards of up to $3,000 are being given to stations to upgrade their equipment to support E85 or B20 distribution. Installation of new equipment for B20 can net a station $4,000 or $12,000 for new E85 pumps. Installations have to be complete and in operation by August 31, 2007 and must be committed to dispensing biofuels for at least three years in order to qualify for the grants.
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