New York School Bus Incentive Program
Agency:New York State Energy Research and Development Authority
State:New York
NAICS Code:238210
Industry:Transportation and Public Transit
Solicitation Type:Grants Notice
Solicitation ID:PON 5552
12/16/2024
Close Date:12/30/2030
Project Duration:5 years
Last Updated:Please visit the bid source via the “Link to Bid Source” button below for documentation.
Jay Craig(Program Contact)
schoolbus@nyserda.ny.gov
(518) 862-1090, ext. 3017
$10,000,000 – $200,000,000
The program’s vouchers can reach up to $156 k per electric bus plus priority and scrappage bonuses (potentially $40‑50 k extra) and up to $65 k per charging port. Assuming a mid‑size district purchases 10 buses and installs 10 chargers, a dealer/installer could see roughly $1.5‑2 million in reimbursements per district. Across the entire state, with hundreds of districts participating, total vendor‑level revenue could range from low‑double‑digit millions to low‑hundred‑million dollars, depending on market share captured. Therefore, a realistic earnings estimate for a qualified dealer or installer is between $10 million (conservative early‑adoption) and $200 million (full market capture).
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