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 day30,000
Average trip length (mi.)6.0
Guideway Length (mi)12
Cost per Mile10,000,000
Stations per Mile of Rail1.0
Number of Stations12
Cost per Station1,000,000
Number of Vehicles Required2,504
Cost per vehicle9,500
Number of Switches12
Cost per Switch300,000
Maintenance Float @2% & 6%49.00
Deadhead Factor3.00
Average Speed40
Max trips per vehicle per hour2
Average Passenger Load1.10
Peak Hour Percentage15
Fare paying Vehicle Trips/day27,273
Fare Vehicle Miles traveled/day163,636
-
Fare per Vehicle Mile 0.65
Average Fare$3.90
Average daily fare receipts ($)$106,364
Fare days per year320
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 Reciepts/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 year52,363,636
cost per fare mile$0.4782
Example map relative to calculations at the left
  • 6 2 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