Maine announced low-interest loans for APUs

By Charlie Morasch, Land Line staff writer | 6/11/2008

Maine Gov. John Baldacci announced a program recently to help truck drivers save fuel and comply with a growing number of idling restrictions.

Maine truck drivers are eligible for low-cost loans to purchase auxiliary power units, diesel-fired heaters and other idle reducing technologies.

“These loans are available right now at 3 percent for small businesses in Maine and that can go a long way toward easing the pain of high energy prices,” Baldacci said in a statement. “Energy costs are hurting the entire economy.

“Businesses of every size are struggling to account for oil and gas prices that seem to set new records every day. We need our Maine truckers to stay on the road, and this initiative can help keep them rolling.”

For more information, call Shirley Bartlett, program manager for state energy programs, at (207) 287-3318.

OOIDA Member Larry Sidelinger’s company is one of two that took early advantage of the energy conservation loan program to secure APUs.

“At today’s diesel prices, I’ll save enough to pay back the loan in 13 months,” said Sidelinger, of Yankee Pride Trucking in Nobleboro. “After that I can use the savings to completely cover the payments on two of my trucks.”

– By Charlie Morasch, staff writer

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