The biggest energy savings are being realized by consumers who are using new cars as a vehicle for energy saving, according to a report from Next Big Futures.
In fact, the report says that if a vehicle is being used for transportation, it saves up to $3,400 per year compared to a standard car, with a maximum of $10,000 per year for a van.
That’s a huge improvement over the current state of affairs.
According to Next Big, energy savings from energy-saving vehicles have increased by 20% over the last four years, with more than 7,000 vehicles currently used in the U.S. for energy-related savings.
The average energy savings per vehicle is up nearly 60% since 2012, when the industry was still in its infancy.
One of the biggest hurdles in this transition is the cost of installing and maintaining an energy-efficient vehicle.
While the cost for a standard vehicle may be as low as $10 per mile, an energy efficient vehicle can cost $100,000 or more, according the report.
The biggest barriers to adopting an energy saving vehicle are that it takes more than just installing an LED lighting system.
“In many instances, a vehicle has to be redesigned to be more energy efficient,” says the report, noting that more than 60% of vehicles on the road today are not fully energy efficient.
That means more fuel required for the vehicle to get the same energy output.
In some cases, the cost to install an energy efficiency system is so high that owners will have to pay more to keep their vehicles running.
A 2014 survey conducted by the American Automobile Association found that more and more Americans are opting to save money by reducing their carbon footprint, even though many states have no federal standards.
According the report: When you look at how many people actually save money on their car, they’re not using it for energy savings.
They’re actually using it as a transport for the car to get to their destination.
If they didn’t use the car for transportation they would be paying the gas tax and would pay to have the car towed away.
They don’t have the time or money to spend money on an electric vehicle.
Instead, they are using their car to commute.
The report notes that energy savings can come from several places, including increased efficiency in the design and construction of vehicles and from using less energy in the purchase of energy efficient appliances.
While a new car is not necessarily the most energy efficient option, it’s definitely a better option than a gas-powered vehicle that requires a hefty monthly fuel bill.
“A new vehicle can be an efficient energy efficient transport vehicle for a person or household to reduce their energy use,” says Next Big.
“But it has to have its own environmental benefits and be able to withstand extreme weather conditions.”