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Managing Gasoline Costs: Hybrid Non-Hybrid

The document compares the gasoline costs of hybrid and non-hybrid vehicles. For a fixed 600 mile trip, a hybrid getting 30 MPG would use 20 gallons of gas costing $43.80, while a non-hybrid getting 20 MPG would use 30 gallons costing $65.70. For a fleet of 300 cars driving an estimated total of 4.5 million miles per year, hybrids getting 30 MPG would use 150,000 gallons of gas while non-hybrids getting 20 MPG would use 225,000 gallons. At various gas price points, the annual savings from using hybrids in the fleet ranges from $187,500 to $262,500.

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shashank
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23 views3 pages

Managing Gasoline Costs: Hybrid Non-Hybrid

The document compares the gasoline costs of hybrid and non-hybrid vehicles. For a fixed 600 mile trip, a hybrid getting 30 MPG would use 20 gallons of gas costing $43.80, while a non-hybrid getting 20 MPG would use 30 gallons costing $65.70. For a fleet of 300 cars driving an estimated total of 4.5 million miles per year, hybrids getting 30 MPG would use 150,000 gallons of gas while non-hybrids getting 20 MPG would use 225,000 gallons. At various gas price points, the annual savings from using hybrids in the fleet ranges from $187,500 to $262,500.

Uploaded by

shashank
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Prepared by: Shashank Reddy Sunkara

Date prepared: 9/6/2016


Managing Gasoline Costs
1. Gasoline Cost Comparison for fixed distance
hybrid

non-hybrid

600

Travel distance in miles

600

30

MPG (miles per gallon)

20

20.00

# of gallons of gas needed

30.00

2.19

2.19

Cost of traveling $

43.80

65.70

Cost of 1 gallon of gas

3. Gasoline Cost Comparison for fleet of 300 cars--either all hybrid or all non-hybrid
Data input area:

Notes

300

# of cars in fleet

15,000

Estimated # of miles per car per year

Input your own estimate

4,500,000

Fleet's total # of miles per year

# of Gallons of Gas
per year for fleet

MPG
Hybrid

30

150,000

Non-hybrid

20

225,000

What if comparions based on cost of 1 gallon of gas [multiply # of Gallons of Gas per year for fleet * Price per g
Price per gallon

Hybrid

2.50

375,000.00

3.00

450,000.00

3.20

480,000.00

3.50

525,000.00

Notes

Search for current MPG data; enter your data


= Travel distance in miles/MPG
Search for current local gas costs

n estimate

fleet * Price per gallon]


Savings using
hybrids

Non-hybrid
$

562,500.00

(187,500.00) All of these cells should have formulas. Use absolute

675,000.00

(225,000.00)

720,000.00

(240,000.00)

787,500.00

(262,500.00)

las. Use absolute cell references when possible.

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