SOURCE: DALLAS AREA RAPID TRANSIT (DART)
Dallas Area Rapid Transit has signed a new agreement with Element Markets Renewable Energy to provide renewable natural gas (RNG) for DARTs fleet of 650 CNG powered buses.
The five-year agreement begins January 1 and has one, two-year option. It monetizes Renewable Identification Number credits that have the potential to generate up to $11,000,000 in revenue for DART over the life of the contract.
“RNG is another way we’re powering transit with clean fuels,” DART President/Executive Director Gary Thomas said. “We are also excited about the financial benefits of converting to clean fuels. This additional revenue will be put to good use as we move North Texas forward.”