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CNG Conversion Decision Process. What’s the Cost of Conversion?. BiFuel vs Dual Fuel? How many miles driven and payback Pickup Trucks, Utility Trucks, Refuse, Class 6,7,8. Cost for each vehicle. Outside of Useful Life vs New CNG Vehicle. Added Weight to the vehicle Maintenance,
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What’s the Cost of Conversion? • BiFuel vs Dual Fuel? • How many miles driven and payback • Pickup Trucks, Utility Trucks, Refuse, Class 6,7,8. Cost for each vehicle. • Outside of Useful Life vs New CNG Vehicle. • Added Weight to the vehicle • Maintenance, • How Many Miles per tank? • School Buses (avg travel is 12,000 miles, need Grants, Propane?)
Cost of a GGE * NGVA “Compelling Case for NGVs”
Cost Breakdown Regular Gasoline (July 2013)* CNG Price (est.) per GGE Retail Price $3.59/gallon Assumed Price $2.36/gge * eia.gov assuming $0.184 Federal and $0.234 state taxes
What’s the Cost Infrastructure ? • Slow Fill - $500,000 (How Many Vehicles and per hour • Slow/Fast Fill - $ 1,000,000 ( Compressor, Dryer, Storage Capacity) • Fast Fill - $ 1,000,000 - $2,000,000 ( Compressor, Dryer, Storage, Dispenser) • Mother/Daughter Strategy • Inside the Fence vs Outside of the Fence. • Permitting and Regulatory Requirements (TAX CREDITS)