How much do NGVs cost?
Currently all alternative fuelled vehicles have a price premium over traditional fuelled vehicles (unless manufacturers have special promotional prices that they subsidise). With more vehicles coming on to the market, certain economies of scale will be achieved. The price of an NGV varies depending upon whether it is a petrol vehicle converted to run on natural gas or a factory-built vehicle. Different size vehicles also vary in price. Typical sedans are less expensive and trucks, which require more storage cylinders, are more expensive. NGV conversion equipment can be purchased for about US$4000 and installed by the fleet owner, who can receive training from the conversion companies or conversion kit manufacturers. Alternatively, NGV specialists can do the conversion, which adds about 25% to the vehicle cost. Larger vehicles require more fuel storage cylinders, and the price can increase depending how many cylinders and the type installed. Light duty NGVs from the factory can range in
