How It Works
“To analyze their fuel saving options fleets want to understand the payback on their investment.”
The Payback Calculator is an incremental analysis tool developed by NACFE and is designed to compare two or more of the situations and/or equipment selections available to a fleet, using the fleet’s own data or their own best estimates to determine how long it will take to recoup the cost of the initial investment in a technology. Many manufacturers create calculators that help fleets determine their return on investment. In some cases, where we feel a more transparent and thorough calculator is needed we will develop and share the calculator with the industry.
NACFE currently has completed Payback Calculators on the following technologies which can be found by scrolling down on these respective pages:
- Tire Pressure Systems
- Automated Transmissions
- Low Rolling Resistance Tires
- Solar Panels
- Trailer Aerodynamics
Purchasing NACFE’s Annual Fleet Fuel Study also provides you with an Excel spreadsheet for fleet specifications benchmarking. Although this is technically not a payback tool, it allows you to fill in your specifications and compare them to the fleets in the annual report. It is a great way to compare your specifications to other fleets and you will be done in under 30 minutes.
Our organization plans to create more standardized payback analysis tools with the help of the industry in the future. Reach out to us if you would like to help with this project.