With nearly 1,700 compressed natural gas stations in the United States, and 41 additional stations planned for 2019, it’s clear that more and more companies are turning to CNG for their fuel needs. The clean, affordable fuel can provide impressive savings at a cost that’s more manageable than you may realize. If you’re thinking about purchasing a vehicle, or converting outright, we have a few facts that will make your decision easier.
Last year gasoline prices reached an average high of $4.49. Diesel wasn’t far behind at $3.89/gallon. Meanwhile, CNG fuel prices were steady at $2.11, delivering an average savings of 62%. CNG prices are even lower in some states.
CNG use is growing in popularity every day. If you use public transportation, chances are you’ve been on a CNG-powered vehicle already. More than 41% of public transit buses run on CNG. What’s more, 60% of new trucks on order will run on natural gas and the United States boasts more than 2,500 school buses powered by CNG across the country.
While the CNG conversion can be daunting, it’s more affordable than you think, and heavy-duty, high mileage fleets consume enough fuel for owners and operators to see a pay back in as little as 18–24 months.
Learn more about conversion costs and CNG use in the infographic below.
Ozinga has an experienced team of professionals to help you better understand the capabilities and value of compressed natural gas. If you’re interested in learning more, talk to one of our energy specialists today.