Program benefits include: a) greenhouse gas emissions reductions – ranging from 20 to 30 per cent through the displacement of high carbon fuels such as diesel. Greenhouse gas reductions from the first five years of the program are anticipated to be the equivalent of taking 12,000 cars off the road. b) fuel savings – natural gas is approximately 40 per cent less expensive than diesel. This could help reduce the cost of public services such as waste collection and transit and increase the competitiveness of B.C. businesses by reducing transport costs for goods.
FortisBC will be applying to the B.C. Utilities Commission for a determination on how program costs will be recovered from all gas utility customers. It is anticipated that the long-term effect of the program will be a positive impact to customers’ delivery rates.
“FortisBC’s new program will help build B.C.’s global leadership in clean transportation and could lead to the conversion of approximately 1,500 vehicles, bringing new jobs and other economic opportunities to B.C.,” said Rich Coleman, Minister of Energy and Mines. “Natural gas is a cheaper, cleaner alternative to traditional gasoline and diesel and this program will encourage more companies to take advantage of natural gas.”
Source: FortisBC.