Schaumburg, IL 60173, US
Alternative & Renewable Energy
www.altfuelsupply.com
AFS provides turnkey propane autogas solutions for corporate and municipal vehicle fleets. Our clients reduce their emissions and increase their bottom line at no upfront cost.
Market:
AFS is the only turnkey supplier for the transition of fleet vehicles to alternative fuels. We have sales agreements for bi-fuel vehicle conversion systems, fuel dispensing systems, and national contracts and distribution for the sale of propane autogas.
AFS is also the only company that amortizes the cost of the fleet conversion equipment through a long-term sales contract for the gas, allowing fleets to make the transition without an upfront capital expense. This strategy allows the customer to expedite the transition, and in turn consume more fuel in a shorter period of time.
AFS’ territory includes Illinois, Indiana, Wisconsin, Michigan, and the St. Louis area. AFS has been in business since July 2013. We primarily service the greater Chicago area, but we are in the process of executing new contracts in Wisconsin and northern Indiana, and have recruited commission sales reps to cover our current territory.
We currently have eight propane autogas fueling stations up and running with five more slated to be fully operational by the end of the year. We project a total of twenty-five by the end of 2017.
Growth:
AFS completed calendar year 2015 with sales of $345,000 on volume of 320,000 gallons of LPG. Year-to-date sales are $418,000 on 352,000 gallons. AFS has signed contracts in place that will enable us to reach nearly $1,300,000 in sales and 1,200,000 gallons by year’s end.
The combination of growth through our existing contracted customers and new business already in the pipeline will enable AFS to conservatively reach 2,200,000 gallons by the end of 2017 with estimated sales of $3,100,000. Our goal is to reach 10,000,000 gallons sold by the end of 2020.
For more information, please contact AFS directly.
AFS provides conversion kits, fueling stations, and fuel to provide a painless turnkey solution for corporations and municipalities that are interested in converting their fleet vehicles to run on propane or gasoline. These solutions are available to qualifying entities at no upfront cost.