Posted by cngcenter on Jan 25, 2020 in Blog/News, Slider, Tips
CNG Tax Credit aka 50-Cent Fuel Credit aka Alternative Fuel Excise Tax Credit aka Excise Tax Credit now available for all sales 2018-2020. We have been getting some calls from people asking to assist with the proper way to file for the CNG tax credit. We thought sharing this insight would help to bring some clarity and help many to understand the process. ACT NOW, as this important development will add a significant amount to your CNG Station bottom-line performance for the...
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Posted by cngcenter on Jan 31, 2015 in Tips
CNG Station Business Models Compressed natural gas (CNG) station business models traditionally fall into three distinct paradigms of ownership and business strategy. The business models discussed in this section are Fleet or End-User Ownership, Local Distribution Company (LDC) Ownership, and Third-Party Ownership. These business models arise out a number of key variables: KEY VARIABLES Who owns the station Fuel delivery service: time-fill, fast-fill, or combination Who...
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Posted by cngcenter on Jun 25, 2013 in Tips
Finding CNG station financing is challenging due to: 1) Relatively new Natural Gas Fueling Station industry development stage 2) Difficulties in finding enough CNG commitments (load) on monthly basis to cover debt service 3) Determining the true cash flow of the business 4) Most lenders are looking for borrowers with prior experience operating CNG gas stations. It is important to seek assistance from a lender who is experienced in funding CNG gas stations, understands the...
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Posted by cngcenter on Jun 21, 2013 in Tips
CNG Fueling Station Maintenance Overview & Commonly Overlooked Items Effective CNG fueling station maintenance can determine the success or failure of both a CNG station and the overall NGV program. Yet main tenance is perhaps the most critical but often overlooked issue affecting most CNG fueling stations. In many areas, there is a severe lack of experienced and qualified maintenance and repair technicians. In this technical paper, NGVi outlines the why, what, who,...
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Posted by cngcenter on May 29, 2013 in Blog/News, Tips
Many fleets and municipalities are not making a commitment to use natural gas as a transportation fuel because the fleet managers do not have enough information to accurately estimate the total cost converting to CNG including CNG vehicle conversion, CNG fueling station development and all other tasks and costs associated with the process. An article below does a great job painting a big picture and we are glad to share it with you, our customers and subscribers. Please do...
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Posted by cngcenter on May 16, 2013 in Tips
Natural Gas usually contains significant quantities of water vapor. Changes in temperature and pressure condense this vapor altering the physical state from gas to liquid to solid. This water must be removed in order to protect the system from corrosion and hydrate formation. In 1810, an English scientist by the name of John Dalton stated that the total pressure of a gaseous mixture is equal to the sum of the partial pressures of the components. This statement, now known as...
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For over a decade, CNGCenter.com has assisted with choosing the best CNG filling equipment for private and public CNG fueling stations. We buy /refurbish /sell components and entire cng stations. We can help market your CNG equipment too. Financing is available. Let us help you, give us a call now! 