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Traffic costs Americans about $1.7 trillion per year. 70% of car miles in the US are driven in cities (JPods' market niche):
About $1 trillion per year of costs can be recovered as value (customer savings and profitable revenue). Link to PowerPoint and KeyNote presentation. There is over a $trillion per of waste that can be converted to profits and customer savings by repeating in transportation the success of restoring communication infrastructure to free markets in 1982.
To accomplish this cost to value change will requires about 500,000 miles of JPods, Hyperloop, ET3 and other networks. This is about 4 times the amount of freight railroads (140,000 miles) and 1/4th the lane miles of urban roads (nearly 2 million). At $10 million per mile, the cost of this retooling is about $5 trillion. The effort will pay for itself about every 5 years. H
This 5 years payback is consistent with the 2010 audit of the Morgantown PRT network and Kiva systems conversion of a $33 million investment into a $775 million sale to Amazon.
The Grand Junction Line Links:
There are several ways to look at paybacks from cost per passenger-mile to safety to capacity to time savings. As a quick summary here is a graph of costs per passenger-mile based on MassDOT data:
Contract signed on 2018-01-17 to build the world's first solar-powered mobility network by Dec 2018.
Aside from the China contract and price 3 cents per passenger-mile, JPods packet-switched networks are faster, safer, cleaner, and more affordable. JPods builds on:
|
passenger-mile cost |
Passenger-mpg |
Seats/hour/lane |
Headway |
Speed mph |
Mode-Deaths/Year |
JPods/PRT |
$0.03 |
264.4 |
28,800 |
.5 sec |
30 |
zero since 1975 |
Light Rail |
$0.76 |
38.2 |
1200 |
10 min |
24 |
743 |
Cars |
$0.38 |
32.6 |
4800 |
3 sec |
18 |
34,624 |
Buses |
$1.45 |
27 |
600 |
5 min |
8 to 12 |
44.2 |
Specifics on Grand Junction route and needs:
Length of Networks: 20 km or 12.5 miles
Network Cost: $200 million
Construction Period: 14 months
Need is indicated by the Prime Law of Networks and the cross connecting (clockwise) of the Green, Red, Green, Orange, and Blue Lines. With an average fare of $3 and 25% of the loads of existing networks, the networks pay for themselves every 7 years. This compares favorably with the Independent Audit of the Morgantown PRT network.
weekly | cross traffic | average fare | fare box | yearly | |
Red Line | 272,684 | 25% | 3 | 204,513 | 10,634,676 |
Orange Line | 203,406 | 25% | 3 | 152,555 | 7,932,834 |
Blue Line | 63,225 | 25% | 3 | 47,419 | 2,465,775 |
Green Line | 227,645 | 25% | 3 | 170,734 | 8,878,155 |
29,911,440 |
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