The legislation requires updated procurement standards that could save Florida taxpayers up to $277 million
TALLAHASSEE, Fla. April 11, 2023 – Today, national business group Advanced Energy United applauded the Florida Senate’s passage of CS/CS/SB 284: Energy. The bill would require the Department of Management Services (DMS) to consider not just the initial purchase price but the total cost of ownership for new additions to the state’s vehicle fleet, including operations, fuel, and maintenance costs. It also asks DMS to make recommendations to state agencies, local governments, and state colleges and universities using the same standards.
Research from Advanced Energy United and the Electrification Coalition showed the bill has the potential to save Florida an average of $18,000 per vehicle by considering the total cost of ownership in vehicle procurement decisions. A full transition to electric vehicles for the state fleet could save Florida up to $277 million over that same period.