have gotten electric buses.” Buccella noted that a third-party provider like High- land could make more sense for districts if the costs a district must pay up front rise or if schools are nervous about the economics of the investment. Highland essen- tially removes the risk from the equation, by purchasing and running the buses themselves. And Highland can access tax credits that districts, which don’t pay taxes— have traditionally had a harder time accessing, though the Inflation Reduction Act extended tax credits to school districts for clean vehicles and charging infra- structure. “We see the market signals, slight increases in prices
going up year over year,” Buccella said. “Given that High- land has this portfolio approach, we’re able to leverage our volumes across the board, and bring the best solu- tion forward for districts. I do see that price signaling, but at the same time I think we’ll be very competitive and be able to work within the budgets of school districts.” He said Highland Electric has helped secure approxi- mately $170 million for electric buses through the Clean
of transportation directors/ supervisors said they’re
86%
concerned about funding for electric school buses once the EPA Clean School Bus Program concludes.
(Out of 21 responses from operations that currently have electric school buses.)
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