Higher Fuel Economy Working for Fleets: A Payback Analysis-Business Case from Higher Fuel Economy Standards in Trucks and Buses
Higher fuel efficiency standards for trucks and buses now being considered by the federal government will save fleet-dependent businesses money – even when businesses must spend more up front to purchase more fuel-efficient vehicles. Put another way: there is a payback from proposed higher fuel economy rules, addressing a core fleet concern. The report is based on business case evaluations of projected vehicle purchase and operations across a wide variety of truck types and usage, using a Modified Life Cycle Cost (LCC) model validated by real-world fleet operators. While there were variations in the benefits seen from truck type to truck type and from truck use to truck use, the core results were clear: more aggressive fuel economy standards for trucks and buses will help fleet-based businesses’ bottom lines.