Gas prices plummeted across North America this year. The prices for gasoline and diesel are both at their lowest point since 2009, which translates to considerable savings at the pump. The recent slump in prices has also caused some to rethink their position on alternative-fuel vehicles, as low fuel costs on diesel are expected to continue. But, you might be surprised to find out propane fuel, one of the most commonly used alternative fuels for school buses, have had the greatest decline of any other type of fuel.
Most people forget fuel prices also affect Propane, but that has not stopped the cost of the fuel from dropping 48 percent since February of last year. Gasoline is currently down 29 percent, while diesel is only down 28 percent.
“We highly encourage school districts to continue to look into propane-powered school buses as a viable means of fuel cost savings,” said Trey Jenkins, Vice President of Alternative Fuels for Blue Bird Corporation. “Propane autogas has been and continues to be the low-cost leader in fuel options. Propane-powered school buses will always show more savings based on the total cost of ownership of the vehicle. The lifetime of savings with a propane-powered bus will outweigh those of a comparable diesel-powered one.”
Additionally, many districts have locked-in their low propane prices through a multiyear contract with their local propane provider.
Blue Bird has been a consistent leader in propane bus technology, with over 4,500 propane buses in operation – six times more than any other manufacturer.
The low fuel prices are a win for consumers across North America. If you are considering upgrading your fleet for more energy-efficient and eco-friendly options, you are still likely to find considerable long-term savings.
