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FLEET FUEL SAVINGS CALCULATOR |
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The
GEOTAB fleet solution will result in payback in under 12 months. Payback is
even faster when more time during the day is found for invoiced projects. In
addition, GEOTAB alerts risk management of harsh braking and over-speeding.
GEOTAB improves maintenance scheduling and provides an audit trail of driving
activity as required by government. |
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25 |
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TARGET
10% to 15% FUEL COST SAVINGS |
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What does one
mile of driving cost your operation? Use the
calculator below to find savings by reducing miles driven. |
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Keep tires
properly inflated, rotated and replaced. Proper tire
inflation increases fuel economy by as much as 5%. |
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Don't Idle when
stopped. 1 gallon of fuel is burned when an engine
idles for approximately 1 hour at rest (900 RPM). |
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Watch your
speed. At speeds above 60 mph, the fuel loss is about
1% for every 2 mph increase in speed. |
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Keep your car
tuned. Proper tuning not only increases fuel economy
by up to 10%, but it also reduces air pollution. |
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Use your air
conditioner wisely. Air conditioners can increase
your fuel consumption by up to 12% in stop-and-go traffic. |
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Unnecessary
weight wastes fuel. Every 100 lbs (45 kg) of extra
weight consumes 1% more fuel. |
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MONTHLY FUEL SAVINGS - REDUCE DISTANCE DRIVEN
BY MONITORING ROUTE AND PERSONAL TRIPS |
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Step 1: Calculate Fuel Cost per
Mile |
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Step 2: Distance Driven per Vehicle |
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Average Gallons Purchased Per Month |
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118 |
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Estimated Miles Driven Per Vehicle Per Month |
1,750 |
21000 |
annual |
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Average Cost per Gallon |
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$3.00 |
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If Estimated Monthly Miles are < 1000 then |
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5% |
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Average Monthly Fuel Purchases |
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$354 |
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if Monthly Miles are > 1000 and <1500
then |
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7% |
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Average Miles Driven per Month |
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1,750 |
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if Monthly Miles are > 1500 then |
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210 |
12% |
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Distance Savings |
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210 |
miles |
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Average Running Cost Per Mile |
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$0.202 |
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Est. Monthly Fuel Savings Per Vehicle |
$42.48 |
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MONTHLY FUEL SAVINGS - REDUCE ENGINE IDLING -
SAVE GREENHOUSE GAS EMISSIONS |
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Idling gets you nowhere…turn off your
engine…save fuel, save engine wear, save maintenance, reduce SMOG |
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Step 3: Calculate Engine Idle Time |
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Vehicle Type |
Savings |
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Idle Savings (Hours) |
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Light Duty Vehicles |
6% |
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4.8 |
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Estimated
engine hours are based on miles driven divided by an estimated average of 22
mph speed |
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Engine hours |
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Medium Duty Vehicles |
12% |
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9.5 |
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80 |
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Heavy Duty Vehicles |
20% |
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15.9 |
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Monthly Fuel Savings Per Vehicle by Reducing
Idle time |
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$14.32 |
Light
Duty Vehicle |
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MONTHLY FUEL SAVINGS - REDUCE HIGHWAY SPEEDING
- REDUCE ACCIDENT CLAIMS |
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Fuel loss is about 1% for every 2 miles per
hour increase in speed over 60 mph |
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Additional
benefit of reducing highway speed is reducing accident claims and traffic
violations primarily due to rear end collisions. The GEOTAB system reports
harsh braking to notify managers of drivers that require driving training.
Harsh braking and over-speeding equals higher fuel expense and higher risk of
collision and the resulting personal injury. |
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WHAT IS TIME WORTH TO YOU? |
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You've just saved each driver 30 minutes each
day through more efficient routing, driving and less idling. |
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What
is that time worth to you? ...an extra invoiced sale
per day, less overtime paid, one less vehicle you need to buy? We'll show you
that simply based on the conservative numbers we've provided on this sheet
that the GEOTAB system pays for itself in less than 12 months or, if leased,
payback is realized immediately. |
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Is the value of 30 extra minutes per vehicle each day worth a
buck? |
$1 |
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$21.00 |
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21 days/month |
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SAVINGS SUMMARY |
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Distance |
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Idling |
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Productivity |
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Total |
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Monthly Savings |
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$42.48 |
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$14.32 |
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$21.00 |
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$78 |
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Total Number of Vehicles/Drivers |
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25 |
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Estimated Monthly Savings |
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$1,945 |
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GSM Monthly Data Fees |
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27 |
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| Total Est. Cost
of the GEOTAB Solution |
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$14,075 |
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Estimated Cost of 24/mo GPS Lease |
$27 |
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The savings below are our conservative
estimate based on $3.00/gal gas and a 24 mo GPS lease. Your results may vary. |
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PURCHASE SAVINGS |
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LEASE FINANCED SAVINGS |
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| Estimated Gross
Annual Savings |
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$23,339 |
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Gross Savings Per vehicle Per Month |
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$78 |
Subject to leasing approval. |
| Estimated Net
Savings in Year 1 |
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$9,264 |
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Net Savings Per Vehicle Per Month |
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$51 |
| Estimated Net
Savings in Year 2 |
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$32,604 |
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Net Savings Per Year (25*12) * $51 |
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$15,241 |
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This Return On
Investment (ROI) Calculator is a business tool to identify possible areas of
savings for a fleet in fuel cost reduction and the resulting improvement in
productivity. To review your specific payback calculations, please contact
Inti Technologies, an authorized
GEOTAB reseller, via our "Request Quote" page. This document
is not an offer to sell, lease or finance GEOTAB systems nor is it a
guarantee of payback. Payback results must be achieved through behavior
modification leading to savings. GEOTAB's high resolution information reports
provide the best opportunity to retrain and modify behavior based on the
quality information gathered. Statistics and percentages are a composite of
information available http://oee.nrcan.gc.ca/ ,
www.mto.gov.on.ca/english/pubs/fueleconomy.htm and the 2008 GEOTAB White
Paper on reducing fleet idling. |
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Copyright
© GEOTAB 2004, Inti
Technologies 2012, All Rights Reserved |
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