Business

Two Burnaby companies awarded FortisBC incentives

Two Burnaby companies are among 18 recipients of a total $9.5 million in grants from FortisBC.

The grants are incentives for the organizations to purchase new natural-gas powered vehicles for their fleets. Fortis' program offsets up to 75 per cent of the costs of such vehicles, which use either liquified natural gas (LNG) or compressed natural gas (CNG).

Burnaby-based Denwill Enterprises Inc. received two grants—more than $653,000 for 10 LNG vehicles in 2012 and $455,000 for seven LNG vehicles in 2013.

Waste Control Services of Burnaby received almost $193,000 in 2013 as incentives to purchase six CNG vehicles.

Historically, natural gas fuel has cost 25 to 30 per cent less than diesel, says FortisBC. Other benefits of using it are a 20 to 30 per cent reduction in greenhouse gas emissions and natural gas engines running more quietly than diesel engines.

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