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Equipment Rate Calculator

At the start of a new fiscal year, when you need to know how to “charge” for equipment use ($/mile or $/hour), the Equipment Rate Calculator will give you information you need.


 

New equipment usage rates are based on the cost of maintenance performed (fuel, parts, labor and contractor services) plus any depreciation plus any values you wish to enter in a category called “other.” The rate calculation can be based on either on actual or estimated use.

A new equipment usage rate is calculated by dividing cost by usage producing a dollars per mile or dollars per hour value.

Calculations can be run any number of times until you are satisfied with the results. Once satisfied with the results you can automatically update all listed equipment with the new rates by clicking the Update Equipment button.

Return to the Fleet Maintenance page.
 

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