FExLS
January 22, 2025

Case Study: Sunshine Express saves $867K by going electric

Insights and strategies for fleet electrification, reflecting actual challenges faced by businesses

Case Study: Sunshine Express saves $867K by going electric

New in 2025, we will be featuring a series of case studies with diverse fleet types and their electrification journeys. The case studies will range from illustrative to real world fleet examples, with the goal of leveraging FExLS's expertise to bring relevant challenges and learnings to life.  

The transition to EVs will be different for each fleet due to how unique each of you all are, so we hope you receive something valuable from each of these case studies as you consider how the transition to lower emissions will affect your strategy & operations.  

Case Study: 50 vehicle last mile delivery fleet saves $867K

Sunshine Express Logistics, an illustrative Florida-based last mile delivery fleet, decided to electrify their fleet of 50 Class 3 step vans. This case study highlights the key findings and impacts of their transition from an aging ICE fleet to electric vehicles. View their fleet electrification plan here.

Key Figures and Impacts:

  • Switching to EVs reduced TCO by 23%, equivalent to saving over $867,000 in costs over the fleet's lifecycle of 15 years.
  • Infrastructure Investment: $450,000 for charging infrastructure.
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Key Learnings for Fleet Managers:

  • Federal incentives matter: A $7,500 per vehicle incentive helped offset the initial price difference between EVs and ICE vehicles.
  • Utility initiatives: Many utilities offer incentives like rebates for EV purchases or charging station installations:
    ▪️ Duke Energy's Park and Plug provide funding for public and commercial charging infrastructure.  
    ▪️Florida Power & Light (FPL) offers no-cost DC fast charging installations for site hosts.  
    ▪️Tampa Electric and Jacksonville Electric Authority, provide rebates for Level 2 and DCFC stations, helping businesses improve operational efficiency and reduce costs.

  • Stack the incentives: Combining local and utility incentives with federal programs can improve operational efficiency and maximize savings.

  • Free flow traffic perks: EV drivers can apply for a High Occupancy Vehicle (HOV) decal, allowing them to use HOV lanes regardless of passenger count.

This fictional case study demonstrates that while the transition to an electric fleet may require a substantial initial investment, the long-term financial and environmental benefits can be very beneficial for you.

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