Compressed Natural Gas (CNG) as of October 1, 2006 is $0.736 cents per Gasoline Gallon Equivalent (GGE)
SAVINGS CALCULATOR-
Input Variables
Petrol Fuel Price $3.00
Public CNG Price $0.736
Miles per Day 100
MPG 16
Days per week 5
No of Vehicles 1
Ownership Years 5
Usage Gal.
Daily 6.3
Weekly 31.3
Monthly 130.0
Annually 1,562.5
Miles Driven
Daily 100.0
Weekly 500.0
Monthly 2,080.0
Annually 24,960.0
Savings
Differential Cost $1.56
Daily Savings $9.76
Weekly Savings $48.78
Monthly Savings $202.93
Annual Savings $2,435.16
Total Life Savings $12,175.80
Net Cost Variables
Conversion Cost Estimated $12,500
Utah Income Tax Credit up to $2,500
(available upon qualification)
Federal Tax Credit (est) EPACT '05 $8,000
(depends on GVW of vehicle & EPA Cert)
Airport Voucher Credit $2,000
(for qualified vehicles)
Incentive Total $12,500
Net Cost $0.00
Payback Months $0.00
The conversion cost is estimated and may vary from $10,000 up depending on how much labor and number of tanks are required
Monthly and annual calculations are based on a 50 week year
Note for every $0.10 increase in gas price the annual savings is increased by: $243.52
Utah State HOV Lane Use with permit Available
SAVINGS CALCULATOR-
Input Variables
Petrol Fuel Price $3.00
Public CNG Price $0.736
Miles per Day 100
MPG 16
Days per week 5
No of Vehicles 1
Ownership Years 5
Usage Gal.
Daily 6.3
Weekly 31.3
Monthly 130.0
Annually 1,562.5
Miles Driven
Daily 100.0
Weekly 500.0
Monthly 2,080.0
Annually 24,960.0
Savings
Differential Cost $1.56
Daily Savings $9.76
Weekly Savings $48.78
Monthly Savings $202.93
Annual Savings $2,435.16
Total Life Savings $12,175.80
Net Cost Variables
Conversion Cost Estimated $12,500
Utah Income Tax Credit up to $2,500
(available upon qualification)
Federal Tax Credit (est) EPACT '05 $8,000
(depends on GVW of vehicle & EPA Cert)
Airport Voucher Credit $2,000
(for qualified vehicles)
Incentive Total $12,500
Net Cost $0.00
Payback Months $0.00
The conversion cost is estimated and may vary from $10,000 up depending on how much labor and number of tanks are required
Monthly and annual calculations are based on a 50 week year
Note for every $0.10 increase in gas price the annual savings is increased by: $243.52
Utah State HOV Lane Use with permit Available