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California CORE
Subsidy Program

With the CORE program, save up to $68,000+ on a 100% electric Monarch MK-V Tractor! Price comparable to a 40HP compact diesel tractor. This is NOT a scrap and replace program.

CORE 2024 is open as of August 13th! Monarch is now accepting applications, but funding is limited due to increased demand from combined construction and agriculture sectors. Apply now to ensure your spot and increase your chances of securing a CORE voucher, as it's first-come, first-served.

CORE PROGRAM FUNDING

The Clean Off-Road Equipment Voucher Incentive Project (CORE) is a $64 million voucher incentive project intended to encourage California off-road equipment users to purchase currently commercialized zero-emission off-road equipment through point-of-sale subsidization. There is no scrappage requirement and additional funding is available for charging and fueling infrastructure for equipment deployed by small businesses or disadvantaged communities.

Monarch Tractor is the only 100% electric, driver-optional, data-driven smart tractor on the market. Don't miss out on this year's opportunity to secure your zero-emission tractor(s) through the CORE program before funds run out.

CORE 2022 and 2023 were resounding successes, issuing nearly $30 million in secured funding vouchers for the Monarch MK-V tractor. Compared to last year, this year's funds are significantly lower, meaning they will run out much faster.

In addition to significant fuel savings, CORE allowed eligible farmers to expedite their return on investment through maintenance and reporting efficiencies all while enjoying the many other advantages that come with an MK-V tractor. As the MK-V's autonomy expands in markets, crop types, operations, and farmlands, these farmers are positioned for aggregated labor and environmental savings. More program details will be shared as soon as they become available.

Submit CORE Application

CORE Program Details

Program funds are limited and will be allocated quickly! Only $20M in total funds available to the Agriculture + Construction sector.
Reserve now, pay later. Payment is due prior to delivery.
Keep your existing tractor. No need to retire or replace existing equipment.
A CORE voucher is estimated between $55K - $68K applied to the total price of a tractor depending on additional subsidies.
The MK-V works with standard implements. Learn more about the implements here.
Vouchers are fulfilled directly from CORE to Monarch.
Incentive is for each tractor ordered. No limit on quantities.
200 hours average usage per year.
Certificate of Insurance (COI) requirements may apply.
Tractor customizations and accessories are available.
Must operate 100% of the time within California.
CORE terms and conditions apply. Click here to learn more.

Application Process

Submit CORE Application

Testimonials from CORE program Early-Adopters

Our Monarch sales representative helped get our questions answered and set up financing with the CORE program to make our tractor purchase a reality. Having Monarch be the link with getting CORE setup was key to us getting a new tractor.

Chris Brockway, Owner, Broc Cellars & Fox Hill Vineyard

There's a program that you can actually use to get a subsidy to pay for some of these electric tractors and Monarch can help you with that. The CORE program is available if you're purchasing an electric tractor and Monarch helps you do the paperwork!

Harinder Dhaliwal, General Manager, Vineyard Development, Constellation Brands

CORE Program F.A.Q's

: Yes! This year, construction is grouped with agriculture for greater demand on a smaller pool of funds. Expect demand to exceed availability. Don't miss out! Submit your application today and Monarch will queue it up on a first-come, first-served basis for your best chance of securing your CORE voucher.
: CORE vouchers are paid immediately, so you receive financial savings right away and only pay the "post voucher discount" amount.

This is a great time and opportunity for you to lock in immediate savings, and even more Monarch MK-V tractors under this limited quantity voucher offer.

Additionally, there may be an opportunity to stack similar programs on top of CORE or financing options, for additional savings. Contact a Specialist to see if you qualify.
: The CORE program allows you to KEEP your existing tractor and does not require destruction of current equipment.
: CORE opening day is on August 13th, 2024. It is strongly recommended to submit applications to Monarch Tractor right away for the best chance to secure funds. We need signed commitments right away, as funding is limited. As soon as the maximum number of voucher commitments are signed, we will be unable to offer this program.

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.

This offer is available for a very limited time. The window of opportunity is closing as quickly as it opens. To put it in perspective, last year there were $273 million in vouchers, but this year's funds are significantly lower, meaning they will run out much faster.
: You can order as many tractors as you would like under the CORE voucher program. Only qualifier is that you receive the correct number of vouchers. Apply now to increase your chances to secure your vouchers.

CORE Subsidy Application

Questions about CORE?
Contact us to learn more!

Contact a Specialist

California CORE Subsidy Program