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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE

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To: mariner who wrote (505)3/29/1998 10:26:00 PM
From: bc  Read Replies (1) of 4605
 
Hi Mariner:

Regarding your questions on whether CNG is economically feasible one scenario is as follows:

The higher the fuel consumption, the faster the payback period. Yes indeed,the switch to alternative fuel is economically feasible.
1 metre cubed of Natural gas = a litre diesel fuel

The price of CNG & diesel will vary but in one example:

On board price of 1 metre cubed of natural gas = $0.17
On board price of one litre diesel = $0.47
On Board price differential = $0.30

At fuel consumption of 25,000 litres per year diesel cost per year = $11,750

With an AFS Duel Fuel Kit, assuming 25% diesel and 75% natural gas, cost per
year = $6,124

Savings per year = $5,626

Average years to payout = 1.4 years.

Natural gas makes sense on an economic basis as well as an environmental basis. ATF has purposely targeted large vehicles and large fleets which have the most to gain and where the payback time is very short.

Hope this helps,

Regards,

Bonnie
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