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Energy Insider – 2nd Quarter 2021

 

Commercial EV Fleets Plugging In

 

Ford just recently announced its entry into the EV pickup class with the introduction of the F-150 “Lightning.” The new pickup will make its debut next spring when it begins rolling off the line in Dearborn, Michigan. Similarly, Tesla has begun construction of its Cybertruck facility and startup in Austin, Texas. Rivian began supplying Amazon with EV delivery vans in February of this year. Chevrolet/GMC anticipates entering the truck EV market in 2023 after investing in another battery plant in April.

 

What do these developments mean to you? If your company’s line of work requires the use of trucks or vans, there are new EV options to consider. Increased savings realized from fuel cost reductions, lower maintenance needs and employee efficiency in everyday activities involving your vehicles make EVs more economically attractive than ever.

 

EVs have no need for combustion engine maintenance or fluid checks, saving you time and money. Less moving parts means greater reliability in your transportation network. “Fueling” means at the end of the workday your employee simply plugs the vehicle into a charging network and charges overnight (or during off-shift times). Say goodbye to fleet fueling contracts! The transition to more electric vehicles will prompt utilities over time to provide lower energy costs during “off-peak” hours resulting in further savings in the long run for companies that invest in EVs.

 

The announcement of Ford’s Lightning and the Amazon investment to purchase 100,000 Rivian delivery vans is gaining attention in the marketplace. Imagine not having the need for gas or diesel pumps and issuing fuel cards to your drivers. Additionally, the purchase price of EVs are lining up with traditional fossil-fueled vehicles making them even more attractive. EV warranties are improving each year and range anxiety is becoming a thing of the past with vehicles traveling longer distances between charges because of improvements in battery management systems and technology.

 

If you are contemplating “electrifying” your fleet, SECO Energy can help. Visit our Electric Vehicles section on our website to find a wealth of information to help you make an informed decision. You can even calculate your potential savings swapping from fossil fuel to electric. If you are interested in exploring a charging network at your location, we can assist with those needs as well. Our team of energy professionals provides customized solutions to meet your charging needs. Whether you want a single charger or are contemplating a multi-charger project, our turn-key solutions make it easy to achieve your goals. Contact your key account consultant for details.

 

 

BARBIE SHAW

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 303-3567
barbie.shaw@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Key Accounts Consultant
OFFICE: (352) 569-9790
CELL: (352) 303-3183
jeff.light@secoenergy.com

 

Energy Insider – 1st Quarter 2021

Take "Charge" of your fleet!"

 

Welcome to the end of Q1 2021! Needless to say, 2020 created some interesting challenges in how we conduct business. Companies found creative ways to cut overhead and do more with less due to the unparalleled consequence of the COVID-19 pandemic. Since the Inauguration in January, the direction of the country has drastically changed. The conversations about sustainable energy, in addition to the new and invigorated attention to electric vehicles (EVs), is reaching an all-time high with businesses and individuals alike.

 

As businesses explore EVs as a possibility for their fleet, some very interesting information has come to light and many businesses are deciding to join the EV movement. With this change, several cost savings come to fruition immediately. As an example, with a fleet of EVs, the extremely costly fleet fueling contracts become nonexistent. If you do not have the fleet fueling contracts, the unproductive man hours associated with sitting at a fuel island waiting to be fueled becomes a thing of the past. The scheduled maintenance of normal combustion engine vehicles ceases to exist, equating to more cost savings in labor, petroleum products, and downtime for the vehicle.

 

“Range Fear” is always an EV topic of concern for businesses and individuals. However, improvement in technology and batteries make range fear a rapidly diminishing concern. Many EVs can travel 200-300 miles on a single charge, making EVs a much more conducive option for businesses. Many batteries today have a multi-year and up to 100,000-mile warranty, helping to ease the fear of the reliability of electric vehicles.

 

When we discuss sustainable energy, reducing the carbon footprint is always at the heart of the matter. Many big businesses have pledged to reduce their carbon footprint with some touting to be mostly green energy fueled much sooner than later. Part of their plan is dependent upon EVs. With no tailpipe emissions, an electric vehicle fleet can greatly reduce your business’ carbon footprint.

 

Tax credits are still available on some makes and models as well. Taking this idea into the total budget discussion, the cost of the initial purchase is lucrative when you consider total cost of the vehicle over the life of the vehicle. Operating electric vehicles can cost three to five times LESS than a conventional internal combustion engine, depending on local fuel cost and electric rates. As a bonus, some manufacturers are giving consumers a level two charger with the purchase of a new EV.

 

Take “charge” of your fleet, the wave of the future is now. For more information about EVs visit our
Energy Solutions website section.

 

 

BARBIE SHAW

Manager of Key Accounts & Revenue Programs
OFFICE: (352) 569-9787
CELL: (352) 303-3567
barbie.shaw@secoenergy.com

Hank Bolduc, SECO Energy Key Accounts Consultant

HANK BOLDUC

Key Accounts Consultant
OFFICE: (352) 569-9789
CELL: (352) 303-3546
hank.bolduc@secoenergy.com

Ryon Meyers, SECO Energy Key Accounts Consultant

RYON MEYERS

Key Accounts Consultant
OFFICE: (352) 569-9781
CELL: (352) 636-9593
ryon.meyers@secoenergy.com

Jeff Light, SECO Energy Key Accounts Consultant

JEFF LIGHT

Key Accounts Consultant
OFFICE: (352) 569-9790
CELL: (352) 303-3183
jeff.light@secoenergy.com