Eco-Drive Chicago – Penn Public Policy Challenge
While Eco-Drive Chicago offers a variety of environmental benefits for the City of Chicago, perhaps the most compelling reason to adopt the program is based in economics. Recent studies have shown that eco-driving practices can lead to a sustained improvement in fuel efficiency of 25%, with short-term improvements reaching as high as 50%. Given that the fuel budget for the City of Chicago’s Department of Fleet and Facility Management is $25.7 million, fuel efficiency improvements of a more modest 15% would amount to $3.86 million dollars in fuel savings annually (if all fleet vehicles drivers were trained). These savings could increase dramatically if the price of fuel rises in the years to come.
While point estimates are not yet available, eco-driving training may also result in reductions in fleet maintenance costs, insurance premiums, and accident liability deductibles, as well the recapture of otherwise productive work time that is now spent refueling vehicles. On the whole, Eco-Drive Chicago: Saving Millions, Reducing Emissions 2 implementing eco-driving training programs will result in significant and sustainable net fiscal savings for the City of Chicago.