General Information

Where Your Plumbing Company is Leaking Money!

By March 13, 2019 No Comments

Leak #1: Fuel Costs

  • Fuel accounts for 30% of fleet operating costs.
  • Excessive idling can waste half a gallon of gas every hour.

Leak #2: Lease Payments & Vehicle Ownership

  • The estimated total cost of ownership for a light-duty vehicle runs between $5,000 and $8,000 per vehicle, per year, whether they are in use or not.

Leak #4: Insurance

  • Commercial auto insurance costs around $750 to $1,200 per vehicle. Rates can increase depending on accidents and driving violations.
  • An accident that includes damage to both a person and a vehicle increase insurance by about 33%.
  • 40% of motor vehicle accidents are work-related.

Leak #5: Labor and Overtime Costs

  • The average median pay for plumbers is $52,590 per year, not accounting for overtime.

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