Thursday, November 21, 2013

Clean Cities Offers Fleets New Tool to Evaluate Benefits of Alternative Fuel Vehicles

Calculate your ROI: Use the AFLEET tool to calculate payback periods and emissions benefits of alternative fuel vehicles.

If you are interested in this tool and need help, please call Lee Grannis at 203.627.3715.

Clean Cities is providing fleets a new tool to calculate payback periods and emissions benefits of alternative fuel vehicles.

Developed by Argonne National Laboratory, the Alternative Fuel Life-Cycle Environmental and Economic Transportation (AFLEET) Tool can help a fleet estimate vehicles’ petroleum use, greenhouse gas and air pollutant emissions, and total cost of ownership.

The AFLEET Tool provides three calculation options:

  • The Simple Payback Calculator uses acquisition and annual operating costs to calculate the payback period for purchasing a new alternative fuel vehicle relative to a comparable conventional vehicle; it also calculates the vehicle’s average annual petroleum use and emissions.
  • The Total Cost of Ownership Calculator evaluates the net present value of operating and fixed costs over a new vehicle’s planned ownership period, as well as its lifetime petroleum use and emissions.
  • The Fleet Energy and Emissions Footprint Calculator estimates the annual petroleum use and emissions of existing and new vehicles, accounting for older vehicles’ higher air pollutant emissions.

The AFLEET Tool requires Microsoft Excel to run and may be downloaded free from Argonne National Laboratory or accessed through the Alternative Fuels Data Center.

Courtesy of Clean Cities
http://www1.eere.energy.gov/cleancities/news_detail.html?news_id=21084

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