An Indianapolis company that distributes beer through out the Wabash Valley has announced that they will switch their fleet of diesel delivery trucks to compressed natural gas.
Monarch Beverage Co. will spend $7.6 million to convert 80 percent of its trucking fleet to run on compressed natural gas.
To provide CNG fuel for the new trucks, Monarch is also building a $2.3 million CNG fueling station at its warehouse in Indianapolis.
Monarch says that it is paying close to $4 per gallon for the one million gallons of diesel that it uses annually but will only pay $1.55 per gallon for CNG.
The savings will amount to almost $2 million dollars.
A CNG truck costs about $60,000 more than a similar diesel, but the difference will be made up in about three years.