Electric school buses can be cost competitive with diesel buses if creative thinking and effective strategies are used.
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Overall, an electric bus may be less expensive to own over its useful life, thanks to the lower cost of fuel and maintenance, but school districts still have to pay the purchase cost up front. Then there are additional expenses associated with installing charging equipment and training service personnel in the techniques required to keep the electric buses on the road.
“We are in the business of helping communities that want to complete a full fleet electrification effort,” McIntyre says. “They don’t have to commit to that upfront — but there’s usually an interest in going beyond a few vehicles pilot.”, other companies are also pulling together private sector financing to tackle this public sector market.
Districts also need to work with their local utilities to ensure that their bus depots have enough grid capacity to handle theof electric fleets, or phase the growth in charging needs to match utilities’ grid upgrade schedules. Once bus fleets are plugged in, their charging schedules need to be carefully managed to avoid overstressing the utility grid or racking up large electricity bills.
Highland and other SBaaS companies are also able to leverage the plethora of federal and state incentives for electric school buses. Many states have launched electric school bus pilots through their share of funds from the Volkswagen Dieselgate settlement, which directed $3 billion to state agencies to spend on projects that reduce air pollution.
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