RE: Biggest TERP Funds Ever...What’s the catch?
TERP is close to a free lunch, but not quite. There are eligibility requirements and some paperwork, as well as help from many sources throughout the process. To participate you must:
Operate the TERP funded project at least 75% of the time in eligible counties for at least 5 years*(ie. Areas in and around Dallas-Fort Worth, Houston, Austin, San Antonio, Tyler-Longview, Beaumont-Port Arthur, Corpus Christi, El Paso, and Victoria).
Agree to and sign a contract with the Texas Commission of Environmental Quality (TCEQ) concerning how long you intend to keep and operate the TERP funded project.
Report your hours of operation, miles traveled or fuel usage to TCEQ once a year for the life of the project. *Qualifying fuels projects may not exceed 2½ years.