Electrifying 10% of fleet saves £350k

21st December 2012

Related Topics

Related tags

  • Transport ,
  • Local government ,
  • Health ,
  • Education ,
  • General services



Companies running large fleets could cut CO2 emissions by 5% and save £350,000 a year by replacing 10% of their vehicles with electric equivalents, say researchers

According to analysts TRL (Transport Research Laboratory), lower fuel costs alongside savings on maintenance and taxes mean that firms with fleets of more than 420 vehicles could see annual running costs cut by 1.6%, equating to £350,000 a year.

In new research, undertaken for British Gas, TRL examines the costs of running fleets across 10 different industry sectors and concludes that those operating in urban areas, with low mileage and frequent stops at charging stations have the most to gain in switching to electric vehicles (EVs).

According to TRL’s calculations, firms in the finance sector with a fleet of 2,860 cars could cut running costs by 1.9% – around £484,000 each year – and lower carbon emissions by 5.7% (800 tonnes), by replacing 10% of its fleet with EVs.

Business operating in the service sector could save an average of £270,000 a year and cut emissions by 5.5%, while those in the transport sector would see a 5% reduction in CO2 and a 1.2% cut in costs.

“Businesses, under pressure to reduce both costs and carbon emissions, cannot afford to ignore the benefits of electric vehicles,” said Colin Marriott, fleet general manager at British Gas, which aims to have 10% of its 14,000 fleet powered electrically by 2015.

In the public sector, the TRL predicts that the emergency services and NHS could save 1.8% in annual running costs – £271,000 – and lower carbon emissions by 5.6%, while the civil service and schools could save 1.7% and cut CO2 by 5.1% each year.

The research, which does not take into account the costs of replacing vehicles, also confirms that using EVs helps to reduce emissions of other air pollutants including carbon monoxide (CO), hydrocarbons (HC) and nitrogen oxides (NOx). On average, a 10% EV fleet will see CO and HC emissions fall by 8.5-9%, with NOx output reduced by 1.6-2.4%.

However, switching to electrically-powered vehicles does increase emissions of particular matter being released into the atmosphere, confirms the report. It concludes that PM matter from fleets could increase by 11–46%, if 10% of vehicles are powered by electricity. It states that while new diesel vehicles have very low PM emissions, power stations, especially coal-fired ones, produce greater particulate emissions.


Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.

Transform articles

IEMA and IFoA publish guide to climate-related financial disclosures

IEMA and the Institute and Faculty of Actuaries (IFoA) have today published up-to-date guidance to help companies and individuals understand climate-related financial information.

22nd February 2024

Read more

Campaign group Wild Justice has accused the UK government of trying to relax pollution rules for housebuilders “through the backdoor”.

14th February 2024

Read more

Global corporations such as Amazon and Google purchased a record 46 gigawatts (GW) of solar and wind energy last year, according to BloombergNEF (BNEF).

13th February 2024

Read more

Three-quarters of UK adults are concerned about the impact that climate change will have on their bills, according to polling commissioned by Positive Money.

13th February 2024

Read more

All major housing developments in England will be required by law to deliver at least a 10% increase in biodiversity under new rules that came into force today.

12th February 2024

Read more

The number of UK environmental charities reporting on the racial diversity of their workforce grew by more than half last year, according to figures released yesterday.

6th February 2024

Read more

Tom Pashby reviews Anna Trompetas’s OffSet, a dystopian climate fiction novel that explores questions of morality, motherhood and class inequality

1st February 2024

Read more

This year’s climate conference served up mention of food systems for the first time. David Burrows explores the significance of this

1st February 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close