After examining customer data collected from 500 fleets and nearly 50,000 vehicles, inthinc Technology Solutions Inc., a global provider of telematics, fleet management and driver safety technologies, has validated suggested solutions on how to save money on fuel costs. According to the U.S. Energy Information Administration, the average price of diesel fuel in the U.S. hit $4.14 per gallon last April, the highest amount since August of 2008. With prices expected to rise over the summer, inthinc is offering the following tips to save money at the fuel pump:
Obey the Speed Limit
According to the U.S. Department of Energy, vehicles that honor the speed limit maintain a higher miles per gallon ratio. Each five mph increment driven over 60 mph is the equivalent of $0.31 per gallon of gas.
- Avoid Aggressive Braking and Accelerating
Not only does frequent braking and accelerating create wear and tear on vehicles, it also significantly decreases miles per gallon. A 2011 study, by the University of Michigan Transportation Research Institute (UMTRI), has shown that by observing the speeding limit and avoiding hard braking and accelerating, drivers can improve miles per gallon by as much as 25 percent.
- Turn the Key: Eliminate Idle Time
One hour of idle time represents 80 miles of engine wear and approximately one gallon of fuel. By turning off the engine when not driving, fuel is conserved, engine wear is limited and carbon emissions are reduced.
- Check Your Vehicle Regularly
Checking tire pressure daily and replacing oil on time will ensure optimal performance. Studies have shown that fully inflated tires can gain up to three percent more miles and regular oil tune-ups will net an additional four percent.
- Plan Your Trips Ahead of Time
By mapping routes ahead of time, companies and drivers can look for ways to cut down on the amount of travel time. Plan trips around rush-hour traffic and check local maps for quicker and flatter surface routes.
Request a copy of inthinc's fuel efficiency fleet solution.