‘There Are Real Tangible Benefits to Using CNG Vehicles’
Milwaukee’s Remy Battery is going with an alterative fuel that might be surprising given that the firm specializes in devices for storing electricity – CNG.
“With significantly lower fuel cost and less emissions, many fleets and automakers are turning to compressed national gas as a vehicle fuel,” Remy Battery president Mike Moeller says in a release. “Rising gasoline costs, growing concern for the environment, and the real need to find solutions to our dependence on foreign oil has made it a choice that smart businesses today can no longer ignore.”
“There are real tangible benefits,” Moeller says. “Fuel costs drop by more than half, there is considerably less damage to the engine, which lowers maintenance costs, the extremely low emissions protect our environment, and there are a variety of proposed and existing tax credits.”
‘We Will Recoup in No Time’
Upfront costs can be daunting, he says, citing a price premium of $8,000 to $12,000 as compared with a gasoline vehicle. “However,” he says, “for a business like ours that really puts its fleet to the test every day, we will recoup that expense in no time.”
“With reduced maintenance costs and more than 50% in fuel cost savings, our bottom line will reap the benefits quickly.”
“We’ve crunched the numbers and are confident of that.”
According to Remy Battery operations manager Matt Moeller, the firm’s new CNG Chevy van cost just $.11 per mile on its first run from the dealer, compared to an unleaded gasoline cost of $.23 cents per mile.
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Source: Remy Battery, Milwaukee