Sin-Yaw
Oct 30th, 2008
Oct 30th, 2008
The Economy of Green
The bus fare is $1.75 one way, gasoline costs about $3 per gallon, the vehicle costs about 50 cents per mile to operate, in terms of wear and tear, how long the commute must be to justify riding bus, or not driving? Or what will be the MPG (miles per gallon) threshold of the car to make it work?
If your car is a Prius (45 MPG) and your commute is longer than 3 miles, you save money. If an SUV (15 MPG), 2.5 miles will do. If we ignore the vehicle’s wear and tear, it takes 26 miles for Prius and 8.75 miles for the SUV.
EcoPass reduces the fare to zero and takes economy out of the consideration. Good job.
Great post. I will read your posts frequently. Added you to the RSS reader.