Are Higher Fuel Efficiency Standards For Large Trucks Good For Business?

world news  %tages Are Higher Fuel Efficiency Standards For Large Trucks Good For Business? Both fleet operators and patrons agree: it’s in everyone’s best interest for the EPA to increase fuel efficiency standards for generous trucks.
For both groups, cutting back on carbon emissions isn’t the key factor pouring this attitude. It’s money.
That is, this is what two new studies have determined.
Data from two the new studies demonstrates how rising the fuel efficiency of generous trucks – including huge rigs and heavy-duty fleet vehicles – saves fleet owners as much as $20,000 per truck per year. This savings translates to lower prices for household products that depend on these trucks to reach their destination.
The first study, commissioned www.rawvehicle.com by clean transportation diligence assemble CALSTART, surveyed public that own and operate fleets of generous trucks. Its members include delivery companies like UPS and FedEx, automakers such as GM and Volvo, and other companies that manage nationwide fleets of heavy-duty trucks.
“Our business case modeling approach was developed with fleet owners and operators who are on the adjoin line of this issue. And based on our survey, they believe that investing in more fuel-efficient trucks up adjoin can be excellent for business in the long run,” said Bill Van Amburg, Senior Vice President of CALSTART.
To start its estimates, CALSTART assumed a 40 percent boost in fuel economy. Actual costs savings depend on the size of the truck, but even www.rawvehicle.com less vital vehicles will see a benefit. Results from the study, separated by type of vehicle, include:
Long-distance huge rigs: “Switching to more fuel-efficient trucks could save up to $20,000 per year per truck, with a payback period for the extra investment in more fuel-efficient technology of as modest as nine months.”
Utility trucks with higher idling times: “Utility trucks could see fuel cost savings of up to $9,000 per year per truck, and that some fuel-saving technologies – including plug-in hybrids and engine configurations that allow for ‘engine-off’ mode while pouring – could give up payback within 3.5 years.”
Less vital fleet trucks, such as gasoline-powered pickups and cargo vans: This assemble “could see fuel cost savings of $1,600 www.rawvehicle.com per year per vehicle, with a break-even point for extra money washed-out on a more efficient vehicle of 1.3 years.”
Though the initial cost to buy a more efficient truck is significantly higher than a square option, 89 percent of fleet managers “said they would be willing to pay a higher upfront cost as long as there will be cost savings over the life of the vehicle,” reported CALSTART.
“Fleet managers support improved fuel efficiency in their vehicles, but they also have to account for any increased buy costs, as well as be aware of any potential increase in maintenance costs,” said Phillip E. Russo, chief executive officer of NAFA Fleet Management Association, which collaborated with CALSTART to gather feedback www.rawvehicle.com from fleets for the report. “By screening fleets that fuel efficiency savings may exceed any additional upfront costs for efficient new vehicles, this report addresses head-on one of the primary concerns the diligence has had in this area boosting fuel efficiency.”
SEE ALSO: Proposed EPA Truck Rules Promised To Cut 1 Billion Tons of CO2; 1 Year’s Worth of OPEC Imports
A separate survey, this one conducted by the Consumer Federation of America (CFA), found that over 90 percent of patrons “know that ‘some, most, or all’ of the fuel costs of heavy-duty trucks, which transport virtually each consumer excellent, are passed on to patrons.”
And more than 70 percent of patrons support an increase in fuel efficiency standards for www.rawvehicle.com generous trucks, according the survey.
“When it comes to goods and air force, the American consumer really does ‘pay the goods,’” said CFA’s director of public affairs and vehicle expert Jack Gillis. “More than $1,100 of the cost of the everyday goods and air force households buy annually goes to pay for the fuel used to transport those goods and air force.
“From a household energy expense perspective, the amount patrons pay for truck fuel is nearly as much as they waste for home electricity and in this area half of what a typical household pays for gasoline.”
Earlier this summer, the EPA issued a proposal to increase fuel economy in generous trucks by up to 40 percent by 2027, www.rawvehicle.com in comparison to 2010 levels. This would raise the average fuel economy of a huge rig from in this area 6 mpg to 9 mpg.

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