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A CNG Overview. Justin Stiff Sales Staff Consultant January 13, 2014. A CNG Overview. State of the Market and Gas Prices Fueling Stations/Costs Vehicles Legislative Update and Incentives. A CNG Overview. Then. Now. What Has Changed?. Collaboration.
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A CNG Overview Justin Stiff Sales Staff Consultant January 13, 2014
A CNG Overview • State of the Market and Gas Prices • Fueling Stations/Costs • Vehicles • Legislative Update and Incentives
A CNG Overview Then Now
What Has Changed? CenterPoint Energy Proprietary and Confidential Information
Collaboration Drive Natural Gas Initiative DNGI CenterPoint Energy Proprietary and Confidential Information
The Texas Clean Transportation Triangle Texas SB 20
Station Development Corridors • Northeast Corridor • Southeast Corridor • Mid Continent • Texas Triangle(s) • Rocky Mountain • Southwest • Western USA Game Changer!!
Calculations 1 Mcf= 1,000 cu ft 1Gasoline Gallon Equivalent (GGE)= 125 cu ft = 8 GGE per Mcf 1 Diesel Gallon Equivalent (DGE)=139 cu ft = 7.19 DGE per Mcf CenterPoint Energy Proprietary and Confidential Information
Price Elasticity • Price of natural gas/ 7.194 • Delivery Charge of $2.29 per Dth / 7.194, including demand charge • Per NGV America. Includes Kwh + demand • Per NGV America • Per NGV America • Federal and State Excise Tax Diesel ($0.244 Federal + $0.28 State)
A CNG Overview • State of the Market • Fueling Stations/Costs • Vehicles • Legislative Update and Incentives
Station Types Time Fill CenterPoint Energy Proprietary and Confidential Information
Station Types Fast-Fill CenterPoint Energy Proprietary and Confidential Information
Station Costs CenterPoint Energy Proprietary and Confidential Information
A CNG Overview • State of the Market • Fueling Stations/Costs • Vehicles • Legislative Update and Incentives
Vehicles Medium and Heavy Duty Light Duty
A CNG Overview • State of the Market • Fueling Stations/Costs • Vehicles • Legislative Update and Incentives
Texas NGV Incentives All 2014 Texas state incentives subject to project application approval and available funds. • Texas NGV Grant Program • To encourage fleets to increase their use of heavy-duty NGVs. The program is funded with a Texas Emissions Reduction Plan grant through the Texas Commission on Environmental Quality. A variety of vehicles, including street sweepers, forklifts, buses, and garbage trucks, are eligible for grants to help cover the cost of replacing diesel vehicles with NGVs. Estimated $24 million • Alternative Fueling Facilities Program • Qualified public alternative fueling facilities, up to 50% of station cost. (equipment only) Estimated $3.9 million • Alternative Fuel Vehicle (AFV) Grants (Houston-Galveston) • Congestion Mitigation and Air Quality (CMAQ) Program Grants are available through the Houston-Galveston Area Council, via the Greater Houston Clean Cities Coalition, for qualified on-road and station infrastructure projects. This grant is for government and private entities in the eight-county Houston-Galveston non-attainment area. Estimated $7.5 million • Light-duty Motor Vehicle Purchase or Lease Incentive • Max. of $2,500 per vehicle for new light-duty dedicated or bi-fuel natural gas, propane or electric vehicles. Estimate $3.9 million • Diesel Emission Reduction Incentive Program (ERIG) • Heavy-duty on-road and non-road vehicles; locomotives, marine vessels, stationary equipment. Typically, includes the non-attainment areas and areas of concern for ozone. Estimated $34 million
Texas NGV Incentives All 2014 Texas state incentives subject to project application approval and available funds.