Sustainable development meets the needs of the present without compromising the ability of future generations to meet their own needs Sustainable development meets the needs of the present without compromising the ability of future generations to meet their own needs
-United Nations Brundtland Commission, 1983
Sustainable development is particularly demanding, as it requires predictably sound economics achieved from effective products and services, which employ low risk technology and proven skills. When engaged to answer sustainable energy needs, the outcome is … better energy. Performance-based economics does not stem from ANY political interpretation of fact.
Why an investment in clean fleet electric drive conversion is …
JUST AS SAFE AS BUYING I-BONDS
Reference: PBS Journalist Paul Solomon interviewed Hilton Dier on “Making Sense.” >Read Full Article<
Although not discussed in the PBS “Making Sense” article, savings from converting to clean electric energy for transportation are compellingly significant. Savings stem fuel cost reduction of 4 to 1 after converting a service vehicle, deployed on a predictable service route, to a clean, efficient battery electric drive train.
| Item | Description | Amount |
| 1 | EPA mpg rating for Dodge Dakota | 18 mpg |
| 2 | Energy required for battery electric drive | 0.5 kWh/mi |
| 3 | Cost for 18 miles of travel (one gallon) | $4.00 before conversion |
| 4 | Average electric utility rate in US | 10c/kWh (EIA, April 2013) |
| 5 | Cost for 18 miles of travel (18 kWh) | $0.90 after conversion |
| 6 | Savings from reduced cost of fuel | $3.10 for 18 mi |
| 7 | Savings per mile | $0.17/mi |
| 8 | Savings for 60mi/day, 250 days | $2583/year |
| 9 | Savings from 1/2 maintenance | $818/year |
| 10 | Total savings per year | $3,400 per year |
| 11 | Cost of conversion | $30,000 not including cost of vehicle |
| 12 | Savings as % of total effective cost | 11% |
| 13 | Risk of ownership | Managed by design simplicity, component quality, project planning and journeyman shop skills |
Fleet directors and managers can gain the same earnings as if investing in an I Bond.
| Item | Criteria |
Investment |
|
| I Savings Bond | Energy Conservation – Conversion to Clean Fuel for Transportation | ||
| 1 | Investor | Anyone with a SSN | Fleet ownerBusiness owner |
| 2 | Term of Investment | Up to 30 years | Vehicle Service Life |
| 3 | Asset yield | Earned interest | Savings from unused energy –fuel* |
| 4 | Tax | Taxable at redemption(deferred) | Savings are Tax free |
| 5 | Inflation Protection | YesInterest linked to Urban CPI | Yes – isolation from fossil energy cost inflation |
| 6 | Protection of Principal | Full faith and credit of USG | Installation insured under vehicle insurance policy |
| 7 | Investment cap | $15k/year per individual | Fraction of fleet replacement cost |
| 8 | Annual earnings | 2x Urban CPIi.e. 0 – 5.7% over last 14 yrsCurrently 1.18% | 11% Plus savings from avoidance of future energy cost inflation, less cost of any borrowed capital |
| * | $100 saved from unavoidable cost (energy bills) is the same as $100 in earnings | ||
| NOTE | Rates for I Bonds: http://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm#ex | ||