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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Depreciation.

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UMTRI study finds diesel vehicles save owners thousands in total ownership costs compared to gasoline vehicles

Green Car Congress

The estimates of savings for three and five years of ownership vary from a low of $67 in three years to a high of $15,619 in five years, but most of the savings are in the $2,000-to-$6,000 range, which also include the extra cost that is usually added to the diesel version of a vehicle. —UMTRI researcher Bruce Belzowski.

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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

by enacting a carbon tax or setting emission limits for each source type (“command-and-control)—the option to use offsets is generally discussed in the context of a cap-and-trade regime. The inclusion of offsets would likely lower the overall cost of compliance. Emission reductions from regulated sources (e.g., 2) Supplementarity.

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EPA could make EVs eligible for Renewable Fuel Standard credit, boosting incentives

Teslarati

The EPA is reportedly considering adding EVs to the list of eligible vehicles, and the idea could be confirmed in an upcoming proposal dealing with biofuel blending mandates. Another incentive would likely attract consumers to consider EVs as there would be financial benefits, including tax breaks.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Beginning in 2005, we excerpted individual statements of intentions by carmakers, but by the start of 2008, the number of comments became too numerous for us to track. Plug-in hybrid electric vehicle technologies are not yet competitive due primarily to the high cost of advanced batteries. See our frequent comments at our news archive.

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The Most Powerful Greenius In America

Creative Greenius

But those of us who know better, also know that from 1976 to 2005 Californians’ electric use stayed flat while the rest of the United States electricity consumption per capita grew by 60%. “…his company estimates that the average cost of saving a kilowatt-hour through efficiency is 1.7 How powerful will that make you?

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. I love the idea of powering my car from solar power.

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