Owner-operator on the guv’s blog
Owner-operator Paul Ahles utilized the Minnesota Pollution Control Agency’s program for low, 4 percent financing of auxiliary power units to purchase the APU on his truck today, and as a participant in the program he was featured recently on Minnesota Governor Mark Dayton’s blog, available at this link.
Ahles called the choice to purchase the PowerCube APU the “best decision I ever made … I would absolutely recommend getting an APU. The MPCA has been great to work with.”
Here’s another highlight from the guv’s post:
Ahles has used his new APU on an older truck for nine months and estimates he’s saving $500 per month in fuel idling costs even after deducting a loan payment and fuel and maintenance costs. Ahles averages about 266 hours of idling per month. Ahles estimates that he’ll recoup his purchase costs for the unit after only about a year’s use.
The MPCA’s program is eligible to Minnesota-based small fleets and owner-operators with these additional criteria:
To qualify, a borrower must:
- be an existing small business corporation, sole proprietorship, partnership or association
- have less than 50 full-time employees
- have an after-tax profit of less than $500,000
- have a net worth of less than $1,000,000
- demonstrate an ability to repay the loan
in addition, for diesel APUs, truck engine year must be older than 2007.
"There probably should be some minimum standards. But as long as the ...