May 32, 2018
How to Reduce GHG Emissions by (up to) 25% and Save Money
The Government of Ontario has announced a Green Commercial Vehicle Program which offers rebates for the purchase of alternative fuel vehicles and fuel savings devices. The incentive program is part of Ontario’s Climate Change Action Plan, much of which is centered on reducing greenhouse gas emissions and our carbon footprint.
Fuelling your fleets
The commercial transportation sector is the second largest source of transportation greenhouse gas emissions in the province of Ontario, accounting for 37% of Ontario’s GHG emissions in 2015. In that same year, 26% of Ontario’s total transportation sector GHG emissions came from the road-based movement of freight. Therefore, there are many opportunities to reduce GHG emissions by focusing on improved efficiency and switching to lower-carbon fuelling alternatives like compressed natural gas (CNG).
The green commercial vehicle
The Ministry of Transportation has developed a Green Commercial Vehicle Program (GCVP), which provides incentives for the installation of anti-idling devices on commercial motor vehicles and the purchase of low-carbon commercial motor vehicles. As of June 8, 2016, the Ministry revised the GCVP to include incentives to low-carbon alternative fuel commercial motor vehicles and fuel saving devices to reduce GHG emissions.
I purchased 7 CNG Cascadia’s and received $30,000 per truck in rebates from the Green Commercial Vehicle Program, that’s $210,000 cash flow to the bottom line, in savings RICK BACON, PRESIDENT, TRUK-KING LOGISTICS
Compressed natural gas (CNG) motor vehicles are included within these incentive programs and, the purchase of eligible alternative fuel commercial motor vehicles, could receive rebates ranging from 15%-50% of the incremental purchase cost of the vehicle.
Saving with compressed natural gas
Learn how you too can save by switching to CNG fuel by trying our Cost Savings Calculator.