Over 150 new compressed natural gas vehicles to hit the streets across B.C.

Over 150 new compressed natural gas vehicles to hit the streets across B.C. 
FortisBC awards an initial $6 million to convert fleets to natural gas, with 
further incentives to follow 
SURREY, BC, March 1, 2013 /CNW/ - Communities around the province will soon 
see more natural gas-powered vehicles on the road after FortisBC awarded 
approximately $6 million in incentives to transportation operators to purchase 
compressed natural gas (CNG)-fueled vehicles for their fleets. 
"These organizations have shown a commitment to choosing natural gas as a 
transportation fuel solution," said Doug Stout, vice president of energy 
solutions and external relations at FortisBC. "Building on the initial 
successes we've had with natural gas vehicles and the benefits they bring to 
the environment and our gas customers, this program is making widespread use 
of natural gas for transportation a reality." 
The program was made possible following the creation of the Government of 
B.C.'s Greenhouse Gas Reduction regulation. 
"The government of B.C. is committed to ensuring natural gas is a significant 
part of the transportation sector because it is cheaper, cleaner and abundant 
in B.C.," said Transportation and Infrastructure Minister Mary Polak. "This 
new program will help encourage more transportation companies to use natural 
gas as the transportation fuel choice of the future." 
A total of approximately $6 million for CNG vehicles was awarded to the 
following vehicle fleet operators: 


    --  BC Transit - $937,500
    --  BFI Canada - $937,958
    --  City of Vancouver - $1,854,600
    --  Cold Star Freight System Inc. - $450,997
    --  Emterra Environmental - $745,500
    --  School District No. 23 (Kelowna) - $67,893
    --  Smithrite Disposal Ltd. - $953,775

The incentives were granted through a public and transparent selection 
process. The $6 million awarded is part of a $104.5 million program announced 
in May 2012 to assist qualifying heavy-duty fleet operators to purchase 
natural gas vehicles. The $104.5 million will help offset the cost of 
switching fleets to natural gas, fund training and upgrades to facilities to 
safely maintain natural gas vehicles, and to build CNG or liquid natural gas 
(LNG) fuelling stations.

In addition to decreased greenhouse gas emissions and noise, refuelling for 
CNG vehicles is estimated to be 25 to 50 per cent less expensive than 
refuelling traditional diesel vehicles due to the current difference in 
prices.​

Under the program, FortisBC provides funding to offset a percentage of the 
incremental capital cost between a qualifying natural gas vehicle and the cost 
of an equivalent diesel vehicle. Depending on the agreement, FortisBC could 
fund up to 75 per cent of the incremental cost of the natural gas vehicles.

Rounds of funding will continue over the next four years, with the next round 
beginning April, 2013. Eligible heavy-duty fleet operators can learn more by 
emailing ngt@fortisbc.com to receive updates or by visiting 
http://fortisbc.com/ngt.

FortisBC gas utility customers benefit from additional volumes of natural gas 
for transportation moving through FortisBC's pipeline system. Better 
year-round, utilization of FortisBC's infrastructure, especially during the 
summer months when heating requirements are reduced, helps to keep natural gas 
delivery rates low for all customers.

FortisBC is a regulated utility focused on providing safe and reliable energy, 
including natural gas, electricity, propane and thermal energy solutions. 
FortisBC employs more than 2,300 British Columbians and serves approximately 
1.1 million customers in more than 135 B.C. communities. FortisBC is 
indirectly wholly owned by Fortis Inc., the largest investor-owned 
distribution utility in Canada. FortisBC owns and operates four regulated 
hydroelectric generating plants, approximately 7,000 kilometres of 
transmission and distribution power lines and approximately 47,000 kilometres 
of natural gas transmission and distribution pipelines. FortisBC Inc., 
FortisBC Energy Inc., FortisBC Energy (Vancouver Island) Inc., and FortisBC 
Energy (Whistler) Inc. do business as FortisBC. Fortis Inc. shares are listed 
on the Toronto Stock Exchange and trade under the symbol FTS. Additional 
information can be accessed at www.fortisinc.com or www.sedar.com.

MEDIA CONTACT:

Michael Allison Corporate Communications Advisor FortisBC Phone: 604-592-7536 
fortisbc.com twitter.com/FortisBC youtube.com/FortisBC​

SOURCE: FortisBC

To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/March2013/01/c9529.html

CO: FortisBC
ST: British Columbia
NI: OIL UTI 

-0- Mar/01/2013 18:00 GMT


 
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