Converting your fleet to clean natural gas makes Cents

TECO Peoples Gas display at the North American Natural Gas Vehicle Conference & Expo in Atlanta.

North America is home to an abundant fuel that can power vehicles for significantly less than the cost to fuel with gasoline and diesel. What’s more, it can reduce exhaust emissions by more than 70 percent. We’re not talking about something new here; we’re talking about natural gas – the same fuel that’s been heating homes and fueling business for more than a century. It’s no wonder the theme at this year’s North American Natural Gas Vehicle Conference & Expo in Atlanta was “Transportation Fuel for a Better Bottom Line.”

This abundant, low-cost, environmentally-friendly fuel has sparked interest among fleet operators all across the country, and TECO Peoples Gas is ready to help its Florida customers take advantage of all the benefits natural gas has to offer.

As a Gold Sponsor at this year’s conference and expo, TECO Peoples Gas promoted several Florida state rebates that make the purchase of a natural gas vehicle (NGV) or the conversion of existing vehicles to natural gas even more appealing. Here are some of the rebates and incentives that are available starting January 1, 2014:

  • 50% off of the incremental cost to purchase an NGV (up to $25,000 for each vehicle)
  • 50% off the cost of converting a vehicle to run on natural gas (up to $25,000 for each vehicle)
    • You can earn up to a maximum of $250,000 for an entire fleet
  • Pay no tax under Florida’s “Say No Florida Sales Tax” on natural gas purchased to fuel your vehicles through 2019

To qualify for a rebate, the vehicle must be part of a public or private fleet and must be

A bi-fuel Ford F-250 from the TECO Peoples Gas Green Fleet.

A bi-fuel Ford F-250 from the TECO Peoples Gas Green Fleet.

placed into service on or after July 1, 2013. “We’re seeing a significant increase in the number of fleet operators reaching out to us for advice,” said Keith Gruetzmacher, senior manager of Marketing Services for TECO Peoples Gas. “To date, we’ve had 22 customers add natural gas fueling stations to their fleets. The new rebates, along with the already low cost of natural gas, allow fleet operators to quickly recoup their investment.”   

Thinking about installing a natural gas filling station? We can help

As Florida’s largest natural gas distributer, TECO Peoples Gas manages more than 11,000 miles of gas mains and serves over 345,000 customers. Natural gas is our business and has been for more than 115 years.

Whether you’re just thinking about converting your fleet or you’ve already made the decision to convert and install a fueling station, we’re ready to help. To request assistance from one of our dedicated NGV project coordinators, email us at ngv@tecoenergy.com. Our website, peoplesgas.com/ngv, is another valuable resource with information about the benefits of powering your fleet with natural gas. Let’s work together to help make North America energy-independent and help your bottom line at the same time.

AFV

This entry was posted in Business, Community, Company, Residential and tagged , , , . Bookmark the permalink.

Comments are closed.