Element Fleet Management > Case Studies > Utility company uses telematics to reduce fuel and accident costs

Utility company uses telematics to reduce fuel and accident costs

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Company Size
1,000+
Product
  • Element Fleet Management’s telematics-powered service
Tech Stack
  • Telematics
Implementation Scale
  • Pilot projects
Impact Metrics
  • Cost Savings
  • Productivity Improvements
Applicable Industries
  • Utilities
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Fleet Management
  • Vehicle Telematics
About The Customer
The customer is an electric utility company with a service fleet size of 8,000. The company was looking to reduce its operating costs, specifically in the areas of accidents/liability and fuel spend. The company was interested in implementing a solution that could help them enforce speeding policies, decrease idling, increase seat belt use and reduce erratic driving behaviors.
The Challenge
An electric utility company was tasked internally to drive down operating costs. The focus was specifically placed on reducing accidents/liability and fuel spend. The company was looking for a solution that could help them enforce speeding policies, decrease idling, increase seat belt use and reduce erratic driving behaviors.
The Solution
The company implemented a pilot of Element Fleet Management’s telematics-powered service for fleets. The initial pilot program included 29 vehicles. The solution provided in-vehicle reminders (buzzers), customized driver scorecards and customized manager dashboards. These features were designed to help managers enforce speeding policies, decrease idling, increase seat belt use and reduce erratic driving behaviors.
Operational Impact
  • Through the use of in-vehicle reminders (buzzers), customized driver scorecards and customized manager dashboards, all of the targeted metrics were improved.
  • Reduced idling and speeding miles.
  • Seat belt usage was up dramatically.
  • Mileage decreased.
Quantitative Benefit
  • Reduced idling and speeding miles by 54% and 17% respectively.
  • Seat belt usage was up dramatically at 99.4% and mileage decreased 9%.
  • Savings on a per unit basis totaled $40.58 per month or $486.96 per year.
  • If extrapolated over the entire 2,400 unit fleet, savings could potentially reach $1,168,704.

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