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Federal and State Incentives and Laws
North Carolina > Utility/Private Incentives

Alternative Fuel Vehicle (AFV) and Hybrid Electric Vehicle (HEV) Loans

The State Employees' Credit Union and the Local Government Federal Credit Union offer green vehicle loans to purchase qualified new and used fuel-efficient vehicles. Vehicles with a combined fuel economy rating of at least 28 miles per gallon, according to revised fuel economy ratings posted on www.fueleconomy.gov, qualify. The loan interest rates are 0.5% lower than traditional new or used vehicle loan rates.