This article was written and provided by TN Clean Fuels member, ROUSH CleanTech.
The latest projections from the U.S. Energy Information Administration are showing little relief at the pump. EIA fuel price projections for gasoline and diesel continue to trend at unprecedented levels with increased volatility (is that really possible?)
At Roush, we are investing in battery-electric and hydrogen fuel cells and believe that both provide a lot of long-term promise from an emissions and operational cost reduction perspective. Unfortunately, these technologies and their ecosystems need time to mature and are not ready for the significant scale required in the commercial truck and bus sectors.
Propane autogas promises relief. Let’s see the numbers accomplished with propane autogas vehicles: With fuel prices where they stand today if you operate 20,000 miles per year and cut your fuel costs by an energy content adjusted $2.00 per gallon, that’s $6,500 per unit per year or more back into your operating income. On average, autogas is 40% less expensive than gasoline and about 50% less than diesel. All the money saved can be allocated toward driver recruitment or retention, product innovation or equipment replacement.
Every month in our CleanTalk e-newsletter, we include current pricing for gasoline, diesel and propane (see June 14 prices above) so that you can easily see how much is saved with propane, consistently from month to month and year to year.
Propane autogas vehicles can also boost a company’s financial standing. For those concerned with their Environmental Social Governance (ESG) rating — which measures a company’s exposure to long-term environmental, social and governance risks — propane autogas vehicles can help with those scores due to their clean-operating, low carbon footprint.
Propane is a shovel-ready alternative-fuel option, not only helping you avoid high gasoline and diesel prices but helping reduce your emissions and improve ESG ratings at the same time!
To learn more about ROUSH CleanTech’s advanced clean transportation fleet solutions or to sign up for the monthly e-newsletter CleanTalk, visit ROUSHcleantech.com.