One of the reasons for the slow conversion program from gasoline to LPG/Vigas is the uncertainty of profit or loss. Therefore, this article presents a simple calculator to assess the feasibility of investing in vehicle conversion, from gasoline to LPG/Vigas. Input parameters include estimated annual mileage, fuel consumption, gasoline prices, LPG / Vigas prices, the cost of the converter kit and its installation, engine standardization costs, maintenance costs with gasoline, and maintenance costs with LPG considered to produce output parameters that include Break Even Point (BEP), Payback period (PP), Net Present Value (NPV), and Internal Rate of Return (IRR).
The implementation of the ASEAN Clean Tourist City Standard caused restlessness among public fleet operators and the Department of Transportation of Magelang City. Therefore, this article presents the prediction of economic value and environmental benefits of public fleet in Magelang that will be converted from gasoline to LPG. Investment feasibility parameters, such as Break Event Point (BEP), Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PBP) are presented through three financing scenarios compared with the current gasoline price at the fuel station, RON 88 and RON 90. Simulation results indicate that investment is feasible with the government providing fiscal incentives through the procurement of converter kits. The wages of the public fleet crew under Minimum Wage City will rise by 30 % and 70 % to switch from gasoline RON 88 and gasoline RON 90, respectively. Meanwhile, environmental benefits are also expected to improve, with CO 2 emission reduction of 320.46 tons/year or about 11 % of gasoline usage. These two benefits (economics and environmental) are expected to support the clean city program in Magelang City, Indonesia.
Kegiatan pengabdian masyarakat dilakukan di Dusun Ngrajek 1, Desa Ngrajek, Kecamatan Mungkid, Kabupaten Magelang. Kegiatan ini memiliki tujuan untuk membantu masyarakat Dusun Ngrajek 1 dalam meningkatkan perekonomian melalui Desa Wisata. Metode dalam pemecahan masalah diperlukan adanya sosialisasi, pelatihan dan pendampingan. Hasil kegiatan ini adalah terwujudnya Desa Wisata yang dapat menarik minat pengunjung dengan adanya sosialisasi materi solidaritas, pelatihan dengan mengubah saluran irigasi menjadi budidaya ikan serta memperindah sekitar dan pendampingan berupa berjalannya Desa Wisata. Dengan demikian, secara perlahan-lahan masyarakat memperoleh keuntungan dari adanya pengunjung yang datang di Dusun Ngrajek 1. Masyarakat menjadi berinisiatif untuk memanfaatkan peluang yang ada untuk membuka suatu usaha di sekitar Desa Wisata tersebut.
The increasing number of transportation on demand (ToD) or online fleets in Indonesia, as well as the rise in gasoline prices, is a concern for most online fleet drivers. However, there is an opportunity to convert online fleets from gasoline to Liquefied Petroleum Gas (LPG) because LPG for vehicles is available in several big cities in Indonesia at a relatively low price compared to gasoline RON 90. Therefore, we present a feasibility simulation study for converting online fleets from gasoline RON 90 to LPG using two scenarios, with and without annual vehicle tax and inspection costs as scenario 1 and scenario 2, respectively. Simulation results with operational data suggest that investment is feasible today. The net present value (NPV), internal rate of return (IRR), and payback period (PP) show promising values. The NPV was IDR 35.52 and 41.14 million with an IRR of 7% and 8% for scenario 1 and scenario 2, respectively. The PP was obtained at 14 and 13 months for scenario 1 and scenario 2, respectively. However, this investment appears to be risky if there is a decrease in daily mileage and an increase in LPG prices simultaneously.
This paper presents a simulation study on the utilization of LPG/Vi-Gas for public transport in Magelang City. Estimates of CO2 reduction per year are calculated theoretically and based on data from NEDC experiences. Both of these methods show positive results, reducing CO2 by theoretical calculations and comparing with NEDC experiences are 13.6 and 11 tons per year, respectively. In conclusion, the utilization of LPG/Vi-Gas for public fleets in Magelang city is feasible to be implemented as the Government’s effort to reduce CO2 emission from transportation sector.
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