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The revised project anticipates a return on investment of approximately 27% with a discounted pay back period of 4 years.
Olson continued, "Providing transportation companies and fleets with innovative CNG solutions that reduce the weight of the storage system and provide for desired pay back periods is an industry necessity and a catalyst for natural gas vehicle adoption.
The Herma 400 VFFS typically has a pay back period of under a year and will apply labels far more accurately than hand application.
Ed Marsh, technical manager for EnviroEnergy Systems, said: "We design and install green energy systems that are tailor made to individual requirements to give the lowest possible pay back periods.
The portal provides customers with information on the legal and contractual framework related to ownership of properties in Qatar,and a calculation tool that gives each customer an estimation of his monthly payment based on his finance amount and pay back period.
Having had two price increases inside three years our Energy Saving Devices could now in some instances have pay back periods of less than 12 months - that makes good business sense and environmentally it's absolute common sense," said Oberlin.
Having had two price increases inside three years our energy saving devices could now in some instances have pay back periods of less than 12 months -- that makes good business sense and environmentally it's absolute common sense," Oberlin concluded.
670) for a room per day, so the pay back period is between two and three years.