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Natural Gas Vehicles for Fleets - Do They Make Financial Sense for You?
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The tools on this page will help you get a preliminary estimate of whether it might make financial sense to consider switching your fleet to run on natural gas. You will need some basic facts about your fleet to use the tools. If the initial results for your fleet look promising, the other resources on this site will be useful as you develop a detailed financial analysis for your fleet before making any purchasing decisions.

In general, natural gas works most economically as a fuel for fleets that are large, return to base daily, and have high fuel consumption. However, the combination of different factors can affect the economic viability of a switch in transportation fuel.

You can choose between three different tools:

  1. A basic calculator intended for those purchasing fuel from a third party (typically for smaller fleets.)

  2. A simplified financial model intended for those considering building their own fueling facility (typically for larger fleets.)

  3. A blank worksheet for creating a customized analysis

For any of the tools*, it will help to have a few basic facts on hand such as the size of your fleet, the typical useful life of the vehicles in your fleet, and the annual mileage.

The Natural Gas Basic Cost Calculator – For Small Fleets

If you have a small fleet (or even a single vehicle), use the Natural Gas Basic Cost Calculator. Based on information you enter about your fleet, it estimates a break-even price for natural gas. If natural gas is available at a lower price, it may make sense for you to explore in more detail how much money you might be able to save by switching to natural gas.

Download the Basic Cost Calculator

Operating requirements: The calculator is a Microsoft Excel file with active content (also called macros). You will need Excel, with active content (or macros) enabled, to run the calculator.

This tool is intended for informational purposes only; it should not be relied upon exclusively to make purchasing decisions. Default values provided in the model may not reflect individual circumstances, so using actual values is highly recommended.

The Natural Gas Fleet Financial Model – For Large Fleets

If you have a large fleet, use the Natural Gas Fleet Cost Model, which is designed for specialized fleets that will use their own fueling station. The model will plug in estimates for variables such as the cost of a fueling station or the cost difference between a regular vehicle and one fueled by natural gas.

The model provides the estimated number of years it would take for the initial investment in natural gas vehicles, a fueling station, and related infrastructure to pay off. If the payback period seems attractive, it might make sense for you to explore in more detail the possibility of switching to a natural gas fueled fleet.

Download the Fleet Financial Model

Operating requirements: The financial model is a Microsoft Excel file with active content (also called macros). You will need Excel, with active content (or macros) enabled, to run the financial model.

This tool is intended for informational purposes only; it should not be relied upon exclusively to make purchasing decisions. Default values provided in the model may not reflect individual circumstances, so using actual values is highly recommended.

The Natural Gas Worksheet – For a Custom Analysis

If you want to conduct your own customized analysis, you may find our Excel worksheet useful as a starting point. It captures the kinds of expense categories that would go into an analysis but does not provide any estimated values.

Download the Worksheet

This tool is intended for informational purposes only; it should not be relied upon exclusively to make purchasing decisions. Default values provided in the model may not reflect individual circumstances, so using actual values is highly recommended.

*This tool was developed by the Allegheny Conference on Community Development, based in part on estimates and methodology developed by the National Renewable Energy Laboratory.

 

 
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ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT
11 Stanwix Street, 17th Floor · Pittsburgh, PA 15222 · 412.281.4783 11 Stanwix Street, 17th Floor
Pittsburgh, PA 15222
412.281.4783