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.
“This common-sense bill will help Florida leaders review how alternative fuel vehicles can save money for the state budget, which will result in enormous tax savings for Florida’s working families,” said Michael Weiss, Florida state policy lead with Advanced Energy United, which represents a range of companies involved in electric vehicle production, charging infrastructure, and energy management technologies. “We applaud the work of Senator Jason Brodeur and the Florida Senate for the passage of this bill.”
11,500 Floridians were employed in jobs working with advanced vehicles, hybrid and electric transportation in 2022, according to national reporting figures.
“This bill has the potential to create even more well-paying jobs for Florida workers and establish the state as a leader in the advanced technologies that are poised to grow even more in the decade ahead,” added Weiss. “While electric vehicles may often have a higher sticker price, the savings that come from fuel, operations, and maintenance costs often begin within five years of use compared to similar vehicles with internal combustion engines.”
Advanced Energy United looks forward to this legislation moving forward in the House of Representatives.