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Payback:

  • Affordable Access
    • Not dependent on gas or gas prices
    • Kids and elderly not restricted by driving competence
    • No waiting, available 24 x 7
    • Focused on quality of the trip
  • Automating Repetitive Travel
    • Kids to school, sports, friends
    • Shoppers to retail centers
    • Commuters to work
    • Reduces highway congestion
  • Heathrow Airport, Buys a Network
  • Princeton Study
There is a profit in saving people time and money.
Trips per day 30,000
Average trip length (mi.) 6.0
Guideway Length (mi) 12
Cost per Mile 10,000,000
Stations per Mile of Rail 1.0
Number of Stations 12
Cost per Station 1,000,000
Number of Vehicles Required 2,504
Cost per vehicle 9,500
Number of Switches 12
Cost per Switch 300,000
Maintenance Float @2% & 6% 49.00
Deadhead Factor 3.00
Average Speed 40
Max trips per vehicle per hour 2
Average Passenger Load 1.10
Peak Hour Percentage 15
Fare paying Vehicle Trips/day 27,273
Fare Vehicle Miles traveled/day 163,636
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Fare per Vehicle Mile 0.65
Average Fare $3.90
Average daily fare receipts ($) $106,364
Fare days per year 320
Capital $159,383,682
Yearly Finance Cost @ 6% $11,579,051
Maintenance @ 7% of capital $11,156,858
Power @.05/kWh - .200kWh/Pass. Mi $2,304,000
Fare Receipts/year (320 day year) $34,036,364
Capital and Operating Costs $25,039,909
Profit $8,996,455
costs per year $25,039,909
fare miles per year 52,363,636
cost per fare mile $0.4782
Example map relative to calculations at the left
  • 6 two mile black lines indicate distances
  • Rails would be constructed in similar areas
  • Typical fare would be less than driving and parking
  • Access density will expand providing greater payback and lower costs (Moore's Law applied to intelligent devices)
  • Image from maps.google.com