It’s no secret that CNG vehicles are surging to popularity in America. It’s no secret that they are cheaper to fuel, that they burn cleaner, and they last longer than their gasoline counterparts. Fleets and commuters alike are clamoring to reap the benefits of these vehicles. And now, even Gotham’s most infamous crime fighting machine is getting into the act. Bad guys beware; the Batmobile now runs on CNG. Read More →
The case has been made for the financial and environmental benefits of CNG vehicles. They have been proven to cost significantly less than their gasoline and diesel counterparts. They have been tested and have been proven to drastically reduce tale pipe emissions and to increase fuel efficiency. And, natural gas is a domestic fuel source that can offer our nation a path towards energy independence. Why then, are our roadways not teaming with CNG vehicles? Read More →
Most of us will spend nearly $1,500 on gasoline this year. And, as petroleum prices continue to skyrocket, so too will this annual cost. The good news is that there may be some relief for many Americans at the pump. The surprising news is that it may be found at a different kind of pump.
Compressed Natural Gas vehicles are pouring onto American roadways. Business fleets have been some of the first to adopt this alternative fuel, benefiting from the lower fuel costs and higher miles per gallon. But, as refueling stations continue to permeate the American landscape, more and more commuters are able to take advantage of CNG as well. Read More →
Refueling a compressed natural gas vehicle is not unlike refueling a gasoline powered one. However, with CNG you have the option for where to do so. You can choose to visit your local CNG station, or you can choose to fill up at home, while you sleep. Either way, filling up with CNG is safe and easy to do.
There are currently 1,155 public and private CNG stations throughout the United States. Finding a local station is easy with Valor Motor Company’s interactive map.
Compressed natural gas is in high demand across the country. The lower cost and cleaner properties have made CNG a forerunner among alternative fuels. While fleet vehicles have been some of the first to embrace this technology, consumers are now breaking into the game. At $2.00 per gallon less than gasoline, they see a potential for real savings with CNG. Read More →
The newly adopted fiscal cliff bill, officially known as The American Taxpayer Relief Act of 2012 (H.R. 8) (ATRA), has extended several tax credits and incentives for alternative fuel vehicles.
Signed into law on January 2, 2013, the bill includes extensions for both the Alternative Fuel Infrastructure Tax Credit and for the Alternative Fuel Excise Tax Credit through December 31, 2013.
Alternative Fuel Infrastructure Tax Credit
Fueling equipment for natural gas is eligible for a tax credit of 30% of the cost, not to exceed $30,000. Fueling station owners who install qualified equipment at multiple sites are allowed to use the credit towards each location. Consumers who purchase qualified residential fueling equipment prior to December 31, 2013, may receive a tax credit of up to $1,000.
Alternative Fuel Excise Tax Credit
A tax incentive is available for natural gas that is sold for use or used as a fuel to operate a motor vehicle. A tax credit in the amount of $0.50 per gallon is available for compressed natural gas (based on 121 cubic feet). Tax exempt entities such as state and local governments that dispense qualified fuel from an on-site fueling station for use in vehicles qualify for the incentive. This tax credit is applicable to fuel sold or used until December 31, 2013.