Advanced Energy United Reports

State vehicle procurement often relies on a pure up-front cost assessment. Recently, states have started to look at ways to holistically assess up-front cost, fuel, and maintenance when procuring fleet vehicles. A total cost of ownership approach is a straightforward, fiscally responsible way to ensure that state fleets are affordable, modern, and maximize state dollars. A new report from national business association Advanced Energy United found the state of Florida could save almost $280 million by considering the total cost of ownership in vehicle procurement decisions, compared to the current practice of only considering purchase price. The report, a joint effort between Advanced Energy United and the Electrification Coalition with support from Atlas Public Policy, highlights the lower lifetime maintenance costs that ultimately make an electric fleet significantly more affordable for the state.

AEE partnered with the Burning Glass Institute, a nonprofit labor market analytics center, to research jobs in demand by advanced energy employers as manifested in online job postings and applying that analysis to the distribution of new advanced energy jobs on a granular basis, identifying the top job opportunities for those with and without college degrees, what those positions require in terms of education, training, and experience, and the salaries those positions provide.

With the passage of the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA), funds are available to state, local, and tribal governments; electric utilities; businesses; schools; nonprofit organizations; households; and other entities for a variety of advanced energy infrastructure projects.