• A 50-cent per gasoline gallon equivalent (GGE) tax credit for Compressed Natural Gas (CNG)
and Liquefied Natural Gas (LNG) when used as a vehicle fuel.
• An investment tax credit for alternative vehicle refueling property, including natural gas
stations. This incentive covers 30% of the cost or $30,000, whichever is less.
Additionally, the incentive allows for a $1,000 tax credit for any home refueling unit.
The incentives are retroactive and run from January 1, 2010 to December 31, 2011. Not only will the Middle Class Tax Relief Act benefit the environment, but it will create an increase in jobs throughout the CNG industry. By encouraging the use of natural gas for transportation, the bill will help the industry grow, by increasing demand for CNG vehicles and fuel.
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The APTA Annual Meeting is the most important annual event in the public transportation industry. Transit professionals from throughout the country will come to the Grand Hyatt in San Antonio to learn, network, discuss timely industry topics, and develop solutions to the industry's challenges.
Trillium will be participating in this year's Products and Services Showcase, as well as several of the meeting's informational sessions.
Visit Trillium at Booth 412 in Exhibit Hall A of the Henry B. Gonzalez Convention Center to learn more about CNG fueling solutions for the transit industry. The Products and Services Showcase will be open Sunday, 6 - 8 PM, and Monday, 11:30 AM - 2 PM.
Find the complete meeting schedule for the APTA Annual Meeting here.
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The California Transit Association will be offering their Fall Webinar on September 28 at 10 AM PST. The webinar will cover all the details of AB 118 alternative fuel funding opportunities in the state of California.
Assembly Bill 118 (Nunez) was signed into law in October 2007 and provides approximately $200 million annually through 2015 for new alternative fuel and air quality incentive programs. Transit agencies that already operate alternative-fuel buses or plan to integrate alternative fuel technology into their fleets may qualify for funding under the AB 118 programs.
Scheduled presenters include Aleecia Macias from the California Energy Commission (CEC), discussing the agency's Alternative and Renewable Fuel and Vehicle Technology Program, and Robert Meyer from the Employment Training Panel (ETP), covering the opportunities available for workforce training funding for alternative fuel projects.
AB 118: Funding Opportunities for Alternative-Fuel Advancements
www.caltransit.org
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Trillium is sponsoring and exhibiting at the 45th annual California Transit Association Conference and Expo at the San Diego Convention Center.
During tonight's Welcome Reception and Expo (Sept. 14, 5-7 PM), Trillium will host live roulette. Gaming will continue tomorrow during the Expo from 11 AM - 3 PM.
Visit Trillium at Booth 413 and 512 to join in the fun!
Complete details about the conference, including the special session schedule can be found here.
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Storage vessels are designed to hold gas at high pressure after it leaves the compressors. Regardless of a CNG station's fueling pattern or dispensing system (slow-fill or fast-fill), gas storage systems can be extremely useful in reducing fill times and ensuring fuel availability at all times.
Read More...
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