Waste Management, an integrated environmental solutions provider, has officially opened the first public-access compressed natural gas (CNG) fueling station in Camden, New Jersey, at the same time announcing plans to convert its regional fleet to CNG. The new “Clean N’ Green Fuel” 24/7 fueling station, to be operated by PetroCard, will sell CNG to commercial fleets as well as individuals with CNG-equipped vehicles, at prices typically one-third below the cost of gasoline and diesel. Current pricing is in the range of $1.759/GGE.
Waste Management of New Jersey recently acquired 14 CNG collection trucks and expects to have 45 CNG vehicles in service by the end of the summer, representing nearly half its Camden-based fleet. Deploying these vehicles will help the company achieve its sustainability goal of reducing fleet emissions by 15 percent and increasing fuel efficiency by 15 percent by 2020. Waste Management says it operates the largest fleet of CNG recycling and waste collection trucks in North America.
“We are dedicated to doing business in the most sustainable way possible, while providing our customers with outstanding service,” said John Morris, area vice president for Waste Management of New Jersey. “Natural gas powered vehicles run cleaner and quieter, improving air quality and reducing noise pollution. Our 45 new CNG trucks will reduce emissions equivalent to taking 3,500 gasoline-powered vehicles off the road.”
Diesel and gasoline have jumped 40 percent in price over the past year despite flat demand. In comparison, CNG is a domestically sourced fuel with stable supplies and more predictable long-term pricing.
The Camden CNG fueling facility was built by Clean Energy. Construction was funded by Waste Management and PetroCard with financial assistance from the New Jersey Clean Cities Coalition.
This article compiled using information from a Waste Management, Inc. press release.