
California CORE Subsidy
Apply for 2023 California CORE Subsidy
June 7, 2023
The Clean Off-Road Equipment Voucher Incentive Project (CORE) is a $273 million voucher incentive project intended to encourage California off-road equipment users to purchase or lease currently commercialized zero-emission off-road equipment. This voucher incentive project will help offset the higher cost of zero-emission technology through point-of-sale discounts. There is no scrappage requirement, and additional funding is available for charging and fueling infrastructure, for equipment deployed by small businesses, and for equipment deployed in disadvantaged communities.
Monarch Tractor was the only 100% electric, driver optional, data-driven smart tractor offered through this limited funds CORE subsidy program. Don't miss out on this year's opportunity. Secure your zero emission tractor(s) now before funds run out again and Contact a Specialist.
CORE 2022 was a resounding success, issuing nearly $13 million in secured funding vouchers for the fully electric, driver-optional, smart Monarch MK-V tractor. Farmers saved a minimum of 60% off the retail price and received the MK-V at a cost neutral price when compared to a similar-sized combustion engine tractor. The CORE savings allowed eligible farmers to accrue significant savings in labor, maintenance, and fuel from day one, along with enjoying the many other advantages that come with an MK-V. CORE 2023 program details will be shared as soon as they become available.
FREQUENTLY ASKED QUESTIONS
Why should I jump on this opportunity and sign up for a CORE voucher?
CORE 2022 program details below. CORE 2023 program details will be shared as soon as they become available.
How good is this program? Save over 60% and receive the MK-V at a cost neutral price when compared to a similar sized combustion engine tractor.
This is a first come, first serve subsidy. A limited number of vouchers are available and when they’re reserved, they are gone for good.
The CORE program allows you to keep your existing tractor and does not require destruction of current equipment.
CORE vouchers are paid immediately, so you receive financial savings right away.
This is a great time and opportunity for you to lock in immediate savings, and even more tractors under this limited quantity voucher offer.
This offer is available for a very limited time. The window of opportunity is closing as quickly as its opening.
We need signed commitments right away and no later than July 31, 2023. As soon as the maximum number of voucher commitments are signed, we will be unable to offer this program.
Clean Off-Road Equipment Voucher Incentives Project (CORE) Details
• Reserve now, pay later. Payment is due at delivery.
• Keep your existing tractor. No need to retire or replace existing equipment. The MK-V works with standard implements.
• Vouchers are fulfilled directly from CORE to Monarch.
• Program funds are limited and will expire when funds run out.
• Incentive is for each tractor ordered. No limit on quantities.
• 200 hours minimum usage per annual
• Certificate of Insurance (COI) requirements apply
• No tractor modifications allowed unless by Manufacturer
• Must operate 100% of the time within California
Act Now and Contact a Specialist