CNG or PROPANE SAVINGS AND PAYBACK
Typical conversion of a van or pick-up ranges $7,800 - $13,400, delivery truck conversion ranges $12,000 - $18,000, depending on the size and/or number of tanks added to the vehicle.
Illinois Green Fleet Grants are available to municipalities - 50% grants up to $10,000 for each conversion.
Depending on usage of the vehicle, payback on your investment could easily be within 2 years! See example below.
Bi-fuel conversion allows vehicle to revert back to gasoline, automatically, if CNG of Propane fuel is depleted. Vehicle returns to burning alternattive fuel once that tank is refilled.
Example: active business delivery or service vehicle – GM or Ford pickup assumptions:
Net cost with rebate at $3,900 to $6,700
3 weekly fill-ups of 18 gallons of gasoline eliminated
Replace 54 gallons of gasoline with CNG or Propane
Assume 90% alternative fuel usage, 10% gasoline usage
Per gallon savings $1.10
Weekly savings $53
Payback on investment – 17 - 29 months with annual savings of $2,756
Similar assumptions as above without 10% gasoline usage
Weekly savings of $59
Payback on investment – 15 - 26 months with annual savings of $3,068
Check www.altfuelprices.com for CNG fuel price updates.
Call the professionals at Advanced VTech to discuss the value that CNG Conversion can bring.
Attractive bank financing options available for fleets of all sizes - Fifth-Third Bank.
Start enjoying the fuel savings now.