Tag Archives: cost benefit

New Project: Cost/Benefit Analysis of Fuel Efficient Speed Control Using Signal Phasing and Timing Data

Due to rising fuel costs and environmental impact, consumers are increasingly aware of fuel efficiency (MPG) in the vehicles they purchase, which is reflected in increasing hybrid and electric vehicle sales. A major source of fuel consumption is acceleration and deceleration cycles caused by stopping at red lights—acceleration from a full stop requires significant power.

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Study: Public Transit Benefits Exceed Costs in Rural and Small Urban Areas

The benefits of Minnesota’s rural and small urban transit systems exceed the costs of services, according to a study sponsored by the Minnesota Department of Transportation (MnDOT). For every dollar spent to provide transit services in Greater Minnesota, benefits worth $2.51 are shared throughout the communities, according to the “Measuring the Economic Benefits of Rural and Small Urban Transit Services in Greater Minnesota” report.

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