e-Buses are MUCH cheaper to operate – meaning more transit with the same operating budget
If we could instantly replace the whole fleet with e-buses, we would save $50 million per year: $30 million on fuel and another $20 million on maintenance & depreciation
That works out to roughly $50,000 per bus, per year in operating cost savings
Hydro Ottawa revenues will also increase, as the “fuel” money stays in the province
Capital Investment is required for charging systems, electrical upgrades, new garages to house the fleet etc., but all of this can be recovered over time in operating cost savings.
See The Numbers Page for more detail on how we came up with these numbers.