Electricity Bills Could Fund Car-Sharing Program
In order to raise $16 million to launch an electric car-sharing program, the city of Indianapolis wants to increase electricity costs by 28 cents per month for Indianapolis Power & Light customers.
The Bollore Group's Bluecars in Paris. Photo via Wikipedia.
The Bollore Group's Bluecars in Paris. Photo via Wikipedia.
In order to raise $16 million to launch an electric car-sharing program, the city of Indianapolis wants to increase electricity costs by 28 cents per month for Indianapolis Power & Light customers, according to a report by IndyStar.com.
The Indiana Office of Utility Consumer Counselor reached this agreement with city lawyers and the Indianapolis Power & Light, but it is still subject to review by the Indiana Utility Regulatory Commission, says the report.
The rate hike would go into effect in 2017 and would apply until the city raises the $16 million to pay for the electric line hook-ups at charging stations in Mayor Greg Ballard’s BlueIndy car-sharing program, according to the report.
Running a similar car-sharing program in Paris, the Bollore Group plans to provide 1,000 plug-in electric cars for the BlueIndy program.
Click here for the full IndyStar.com report: http://www.indystar.com/story/news/politics/2014/08/21/reduced-rate-hike-fund-indy-car-share-program/14389323/
More Rental Operations
Avis Cuts Fleet as Summer Demand Trails Expectations
Avis Budget Group increased second-quarter earnings despite lower Americas revenue and softer-than-expected summer demand. The company also expanded Avis First and advanced its autonomous fleet operations with Waymo.
Read More →
Why Bookings Are Only the Start of the Rental Day
A reservation captures demand. The operating test is whether the business can keep the customer, vehicle, commercial terms, and next action aligned until the rental is closed.
Read More →
This Is the Oldest Car Rental Advertisement You’ll Ever See
This ad for Saunders Drive it Yourself, believed to be the first car rental company in the U.S., was found in an Omaha phone book from 1926.
Read More →
The Desk Upsell Is Costing Operators More Than it Earns
Counter upsells generate revenue, but they can also slow transactions, erode trust, and cost repeat business. Fully inclusive pricing may offer operators a better path to long-term value.
Read More →
U-Save Expands Indian Ocean Presence with New Master Franchise for Mauritius
The franchise has been acquired by Mauritian travel entrepreneur Umarfarooq Omarjee, an established figure in the island's tourism and mobility sector.
Read More →
Global Carsharing Fleet Projected to Reach 768,000 Vehicles By 2030
A new Berg Insight forecast outlines several business models driving the projected growth in public carsharing worldwide through 2029.
Read More →
Rental Car Fleet Sales Show Mid-Year Strength
June gains ensured rental fleets closed out the first half of 2026 in positive territory.
Read More →
Surprice Mobility Opens Corporate Rental Station at Milan Malpensa Airport
The Milan opening is part of Surprice Mobility's broader strategy to expand its corporate operations while increasing the use of technology across its network.
Read More →
Brazilian Executive MBA Targets Growing Domestic Rental Car Industry
Rental car companies face a unique combination of challenges that are rarely addressed in traditional programs.
Read More →
Green Motion Expands Into Japan With Master Franchise Agreement
Japan's tourism industry, business travel market, and demand for vehicle rental services are reasons the country represents an important market for the company.
Read More →