Clean Cities Offers Fleets New Tool to Evaluate Benefits of Alternative Fuel Vehicles
November 21, 2013
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.