The Florida Public Service Commission today boosted support for natural gas use in transportation, further holding down costs for commercial customers wanting to buy natural gas for motor vehicles.
The PSC approved modifications to natural gas vehicle (NGV) tariffs for Florida Public Utilities Company, Florida Public Utilities-Fort Meade, Florida Public Utilities-Indiantown Division, and the Florida Division of Chesapeake Utilities Corporation. The revised tariffs allow an optional payment method for commercial customers wanting to obtain NGV service, while also preventing any ratepayer subsidization. Customers can now receive NGV service at a minimum annual therm commitment instead of an upfront payment; their monthly payments can cover facility construction costs.
“We support the continued transition to natural gas-powered vehicles, especially among commercial and government fleets whose transportation costs comprise a significant part of their budgets,” said PSC Chairman Art Graham. “The low cost of natural gas will lead to continued market growth and even more vehicle and fueling options.”
Commercial use of natural gas vehicles in the United States is growing, especially among fleets whose vehicles travel shorter routes, such as transit buses, refuse haulers, and delivery trucks. According to NGVAmerica, there are about 153,000 NGVs on U.S. roads today and more than 15.2 million worldwide.
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