VICE Model 2.0 Released

    The popular Vehicle and Infrastructure Cash-Flow Evaluation (VICE) Model has been updated, to allow fleets greater flexibility in determining payback periods for natural gas vehicles and fueling infrastructure. It also, helps fleet managers evaluate the financial soundness of investments in (CNG) vehicles and/or fueling infrastructure. The updated version is applicable to a wider variety of vehicles and can accommodate an incremental fueling station build out.

    To use the VICE Model, users input fleet-specific data, including number of vehicles, vehicle types, fuel use, and planned vehicle-acquisition schedules. The tool then provides numerical and graphical presentations of return on investment, payback period, and annual GHG savings.

    To simplify the estimates for users, the model contains a number of default values for parameters such as vehicle prices, fuel prices, fuel taxes, and maintenance costs. Users can also replace the default values with their own data to obtain more customized results.

    You can find VICE 2.0 on D.O.E's Alternative Fuels Data Center

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