Taxi driver Phillip James swears by compressed natural gas (CNG). His monthly gas bill, which used to be over $3,000, has been cut in half since he converted to CNG three years ago.
CNG, a gaseous fuel, is a mixture of hydrocarbons mainly methane in the range of 95 per cent. Due to its low density, it’s compressed to a pressure of 200 bars to enhance the vehicle’s on-board storage capacity.
All spark-ignited engines can be converted to CNG, for which a specially designed conversion kit is required for the conversion process.
James, one of the growing number of motorists who wants value for money at the pumps, said: “Is really amazing how this CNG has help me financially. Is a big burden lifted for me and my family financially and you see how things going with the economy, so I would encourage anybody to convert to CNG to save plenty money.”
From January 2019, the NGC CNG Company Ltd will be sponsoring conversion of 1,000 taxis and maxi taxis from gasoline to CNG. This promotion follows a highly successful, fully-subscribed tranche of conversions in June and July where 500 taxi and 180 maxi-taxi owners were offered sponsored conversions on a first-come, first-served basis. Successful applicants are currently being converted by Government-approved licensed converters.
The recent price increase in super gasoline from $3.97 a litre to $4.97 a litre has made CNG an even more attractive fuel option for the motoring public with its price of $1 a litre equivalent.
“Based on the rate change, and positive feedback received from the transportation sector with respect to CNG’s performance and economics, the board of directors and management of NGC CNG have agreed to sponsor a second tranche of conversions,” the company said in a statement.
“As obtained in the first tranche, NGC CNG will cover the conversion costs of successful applicants, up to $12,000.”
A gasoline to CNG conversion takes one to two days and involves installing a CNG tank, tubing, regulator, injectors and an electronic control unit (ECU) which work harmoniously with the vehicle’s existing fuel system.
Vehicles first need to be assessed by a government-approved licensed converter for mechanical and electrical integrity as well as vehicle compatibility with the CNG kit before qualifying for installation.
The NGC statement continued: “CNG continues to deliver tremendous value to current consumers, most appreciably in terms of dollars saved. Motorists should consider that the average gasoline taxi owner can currently save more than $20,000 annually by switching to CNG. A maxi taxi owner who converts from diesel can save approximately $32,000 annually, or approximately $64,000 if he or she upgrades to an original equipment manufacturer (OEM) CNG maxi taxi.
“Such substantial savings mean that conversion costs can be quickly amortised, making CNG undeniably affordable in the long run.”
NGC CNG expects robust demand when the 2019 tranche of conversions is opened for subscription and urges motorists to apply early to benefit and join the movement towards cleaner, cheaper fuel.
There are 13 stations in T&T that can dispense CNG. At present 10 stations open to the public, two are for private fleets, one functional but awaiting temporary equipment, two earmarked for upgrade and at least four are expected to be opened shortly.