Ferrellgas Helps Mesa Public Schools Launch Arizona's First Propane-Powered School Bus Fleet
OVERLAND PARK, Kan., Nov. 9, 2011 /PRNewswire/ -- Mesa Public Schools in Mesa, Ariz., has launched Arizona's first fleet of propane autogas-powered school buses through a partnership with Ferrellgas Partners, L.P. (NYSE: FGP), one of the nation's largest distributors of propane. Last week school officials took delivery of four buses that are powered by this clean-burning, domestic fuel. An additional 23 propane autogas-powered buses have been ordered.
"Transitioning our fleet to propane makes sense fiscally and environmentally, because propane autogas vehicles cost less to operate and produce fewer carbon and greenhouse gas emissions," said Ron Latko , transportation director for Mesa Public Schools. "Current economic conditions prompted us to look at our fuel options and, with a savings of approximately $2 per gallon, it was hard to ignore propane autogas. We're excited to introduce these new vehicles."
Increasingly, school districts across the country are turning to propane autogas as a means of running a more efficient bus system. Districts are reporting fuel cost savings of 40 percent or more compared to traditional fuels, as well as extended vehicle service life.
"Considering that Mesa Public Schools' bus fleet covers an average of 6.2 million miles per year, a fuel cost savings of $2 per gallon makes a significant impact on the district's bottom line," said George Koloroutis , president of Ferrell North America and senior vice president of Ferrellgas. "We applaud the steps they have taken to help reduce greenhouse gas emissions and help lessen our nation's reliance on foreign oil by incorporating these green vehicles into their fleet."
As an approved alternative fuel under the Clean Air Act of 1990, federal tax incentives are available through 2011 for new propane autogas-powered vehicles, vehicles converted to propane autogas, and alternative fuel infrastructure. Many states also offer additional incentives.
Mesa Public Schools' move to propane autogas school buses is another example of the district's commitment to innovation and excellence. Expansion Management magazine ranks Mesa Public Schools as a "Gold Medal" School District in its annual Education Quotient (EQ) rankings. To be ranked as a Gold Medal School, a district must rank in the top 16 percent of all school districts nationally.
Ferrellgas Partners, L.P. is a Fortune 1000 company and, through its operating partnership, Ferrellgas, L.P., serves approximately 1 million customers in all 50 states, the District of Columbia, and Puerto Rico. Ferrellgas employees indirectly own more than 20 million common units of the partnership through an employee stock ownership plan. More information about the company can be found at www.ferrellgas.com and www.ferrellautogas.com.
Tom Colvin - Investor Relations, 913-661-1530
Scott Brockelmeyer - Media Relations, 913-661-1830
SOURCE Ferrellgas Partners, L.P.
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