The average price for a gallon of gas continues to climb, costing over $3.00 per gallon for southern Californians. With the consistent increase of gas prices, many businesses are looking for alternative ways to reduce unnecessary fuel consumption in an effort to increase profits. The solution has come with GPS tracking system technology!
The truth is that vehicles that are left idling for long periods of time can result in revenue lost. The American Trucking Association states that:
With the average gallon of gas costing nearly $3.00, do you know how much money you are wasting because of unnecessary idling? The chart below provides information on how much money you could be losing because of idling, providing the fuel costs associated with excessive vehicle idling.
Gasoline Price= $3.00 per gallon
|# of Vehicles||Idling Cost Per Day||Idling Cost Per Month||Annual Idling Cost|
|1||$ 3.00||$ 90.00||$ 1080.00|
|5||$ 15.00||$ 450.00||$ 5,400.00|
|10||$ 30.00||$ 900.00||$ 10,800.00|
|25||$ 75.00||$ 2,250.00||$ 27,000.00|
|100||$ 300.00||$ 9,000.00||$ 108,000.00|
* Costs associated with idling, such as maintenance and additional repairs were not included into the chart that calculates gas at $3.00 per gallon and 1 hour of vehicle idling per day.
That being a functional and appropriately used right foot.
Drivers will often focus on many myths about fuel economy, such as thinking that a vehicle will get better gas mileage with the windows down rather than running the air conditioning, when in fact the way a person operates a vehicle will actually have the greatest impact on the amount of fuel they consume (driving a vehicle with the windows down actually creates drag/resistance that can have a negative impact on fuel economy). Although there are many little things that a driver can to improve fuel economy, for example checking the air pressure in tires once a week to ensure the proper inflation, the best ways to increase fuel efficiency is by keeping a steady foot and taking it slow.
The difference between driving in a range between 55 mph-65 mph rather than driving consistently at the average of 60 mph can actually make a significant impact on any driver's wallet. By using speed control features such as cruise control, drivers can keep a more steady pace, something that can increase fuel economy. Also, by simply driving a little more slowly can have a much more positive impact on the wallet. Although some of this news may already appear to be common knowledge, it is shocking how many drivers seem to neglect these simple ways to improve fuel economy.
The likely reason for the neglect?
The company driver is not paying the gas bill.
Our vehicle tracking experts are by no means suggesting that companies should begin utilizing a plan or strategy to make drivers pay for gasoline use, but by using GPS tracking systems, businesses can monitor driving activity and make drivers adhere to more efficient driving standards. The data accessible from both passive trackers such as the GPS Tracking Key Pro and real-time trackers such as the SilverCloud can inform fleet managers about the driving practices of drivers, showing whether or not company vehicles are being used in a efficient fashion or simply taken for a ride. The fleet managers can then systematically shape driving behaviors of drivers to cut fuel costs and increase the overall company bottom line.
Gas is only going to continue to rise in cost, therefore it is important to have drivers execute responsible decision making when operating company vehicles. The cost could save your business a ton!
Source: CNN Money