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COST OF DIESEL INCREASE IS ENOUGH TO CHARGE A MODEC FOR A WHOLE YEAR...

Annual fuel costs have risen by £1,109* in the last 12 months for the average diesel van. Charging a Modec for a whole year costs just £1,050** on average… that’s less than the ADDITIONAL fuel cost and is far easier to predict thanks to stable electricity prices.

With a running cost of only 7p per mile, compared to the 29p per mile it costs to fuel an equivalent sized diesel van, the vehicles are cost effective and the stable electricity price allows fleet managers to forecast more accurately.

“We're all aware how much pressure the transport industry is under. Rising fuel costs and strict CO2 targets only add to this pressure” comments Roger Atkins, Modec.

“During the six years of research and development invested in the Modec vehicle, we made significant advances in the technologies used and have created a commercial vehicle that offers a serious alternative to the diesel fleet. Needless to say, Modec vehicles cut emissions significantly and will not be affected by rising fuel prices.”

HOW THE FIGURES STACK UP:

* Diesel Van
2007– 98p per litre x 4.27 = £4.41 per gallon ÷ 20 (mpg) = 21p per mile x 15,000 miles = £3,241 per year

2008 - £1.28 per litre x 4.27 = £5.76 per gallon ÷ 20 (mpg) = 29p per mile x 15,000 miles = £4,350 per year

Price increase in diesel = £1,109 between 2007 and 2008

** Modec Van
Electricity - 8.5p per kWh. 1.2 miles per kWh = 7p per mile x 15,000 miles = £1,050 per year

(Figures based on 15,000 miles per annum with diesel vehicles achieving 20mpg)