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Compressed Natural Gas

Compressed Natural Gas

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This is a chart generated by the state that shows the advantages to clean air and the economy from using CNG as a primary fuel.
This is a chart generated by the state that shows the advantages to clean air and the economy from using CNG as a primary fuel.

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Published by: The Salt Lake Tribune on Apr 22, 2013
Copyright:Attribution Non-commercial

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10/20/2013

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FLEET CONVERSIONSREFUELING INFRASTRUCTUREMAINTENANCE FACILITIES
Revenue bonding authority to allow short-termfinancing of higher-priced vehiclesQuestar will be authorized to build CNG refuelingstations where fleet demand existsFor existing facilities, revenue bond financing willallow for conversion of a single bay or an entirestructure to CNG maintenanceFinancing will allow faster conversion of entirefleetsExcept where private CNG refueling is available,non-government fleets and passenger vehicles willbe welcomeFinancing will also allow for new CNG facilities duringa fleet's transition from dieselSavings will be realized from statewide economiesof scale & differences in fuel costsExpanding the network of CNG refueling stationswill help grow the private Natural Gas VehiclemarketCommon-use facilities will be designed, wheremultiple political subdivisions can house andmaintain their CNG fleetsBond payments will come from the fleets' existingvehicle budgetsCost savings are significant:. Diesel $4.09 per gallon vs.. CNG $1.49 equivalentCost-sharing and economies of scale will realize a netsavings for taxpayersRepayment cycle will create a perpetual revolvingloan fund
Utah CNG for Clean Air Authority

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