According to NJ Transit, the new buses purchased with grant funding will save $1.8 million a year in fuel costs due to the increased efficiency of the vehicles and because natural gas is about $1.50 cheaper per gallon than diesel fuel. Over the roughly 12-year lifespan of these NGVs, the agency will save more than $20 million.
Senator Menendez, chairman of the Housing, Transportation, and Community Development Subcommittee of the Senate Banking Committee, also said that this funding will allow NJ Transit to double its fleet of natural gas buses. “These buses will reduce NJ Transit’s fuel bill and lower asthma-causing air pollution at the same time,” he added.
Source: Senator Frank R. Lautenberg