Fact sheet on major CNG bus purchase

Initial Investment – $28.9 million for 60 vehicles

$28.3 million for 60 CNG buses vs. $25.6 million for 60 diesel buses

Per vehicle: $472,000 for CNG vs. $426,000 for diesel

  • $46,000 premium for CNG over diesel per bus
  • Economic payback in 23 months due to fuel savings

245 vehicles scheduled for replacement over next five years

  • Funds currently identified for 170

Financial advantages of CNG fleet

Fuel Savings: Approx. $200,000 per vehicle compared to diesel over 12-year life.

  • Current Cost of Diesel: $3.05
  • Current cost of CNG fuel: $1.29 diesel gallon equivalent (DGE)

Projected lifetime fuel savings for 245 vehicles: $49 million

Environmental advantages of CNG fleet

Abundant supply of natural gas

  • 98 percent produced in the United States

Reduction of greenhouse gases by 30 percent

Reduction of nitrous oxide pollution by 85 percent

Bus replacement schedule:

  • March 2015 – 60 buses
  • March 2016 - 30
  • March 2017 - 30
  • March 2018 – 50

CNG fueling stations: $7 million-$10 million investment will be made

  • Hayden District - 2015: $3 million - $4 million
  • Triskett District - 2017: $4 million - $6 million

Posted Nov. 19, 2013