How Much Could SolarTrak Save You?

Answer a few quick questions about your fleet to see your estimated annual savings.

Number of trackable assets
Daily revenue or value when in use
$
% of fleet actively earning (industry avg: 72%)
%
Length of typical equipment deployment
Unscheduled downtime, missed maintenance, dispatching crews to wrong locations
Estimated Annual Net Savings
$0
After SolarTrak subscription costs
How we calculated this
Billing recovery (accurate engine hours)
Assumes 2% of annual rental revenue recovered through engine-hour tracking
$0
Utilization improvement
Assumes recovery of up to 5 percentage points toward the 72% industry benchmark
$0
Repair and maintenance efficiency
Assumes $180 per tracker annually based on faster diagnostics and reduced downtime
$0
SolarTrak subscription cost
$11 per tracker per month, average across tracker types
$0
Net annual savings $0
These are estimates based on industry benchmarks and typical SolarTrak customer outcomes, not guarantees. Actual results depend on fleet composition, current operations, and how SolarTrak is deployed. Contact us for a personalized assessment.

Ready to see exactly what you'd save?

Schedule a free demo and we'll walk through how SolarTrak fits your operation, with real examples from companies like yours.

The 10 Questions Behind the Math

For those who want to understand how SolarTrak drives savings, here's the full breakdown of what we considered.

01 How much equipment do you own?

If you only have a few skid steers, it's even more important that they're easy to find and ready to rent. Fleet management isn't just for the big players. More than half of SolarTrak customers are using 50 or fewer trackers. Those trackers get used not only on the most expensive equipment, but on the mid-level equipment that rents most often and returns the most income.

Customers using hundreds of trackers across multiple locations benefit from economies of scale and shared data, plus features like Branch Organization, Geofence, and Admin functions that let managers see, create, and monitor groups of equipment.

02 How old is your equipment?

Industry standards indicate that in most fleets, half the equipment is 5 years or younger and half is 5 or older. Whether you run a construction firm or a rental house, your equipment inventory is likely your biggest investment. Think of it as employees: some young, some older, but all working hard, seldom taking breaks, needing only routine maintenance to generate steady income.

SolarTrak helps by tracking routine maintenance and sending reminders and alerts. Monitoring fleet condition keeps it healthy, reduces repairs, and extends asset life.

03 How much of your fleet is rented on average?

Ideally, 72% of equipment should be out on rental, 20% prepped and available in your yard, and no more than 8% in transit or non-rentable due to repairs. Don't add "cannot find it" to that list.

SolarTrak helps by allowing you to quickly locate equipment, even those in transit, and monitor readiness to rent. It also helps monitor fleet health, cutting repairs and keeping equipment out of the shop and in the rental yard.

04 Do you rent both long and short term?

There are cost savings using SolarTrak for both rental lengths. Short-term rentals involve lots of coming and going, so GPS tracking makes it easy to know if equipment returned yesterday is ready to rent today.

Long-term rentals usually mean the equipment is going to a large project, then moving as the project progresses. You can still track movements by creating a Geofence around your customer's project, then setting Notifications to alert you only when the equipment moves beyond those boundaries.

05 How large is your rental or service area?

SolarTrak customers in the mid-west and Texas may travel hours to a downed piece of equipment. With SolarTrak, you can monitor battery status and send repair crews to the precise location, even if equipment is far off the highway, with the right parts to fix the problem.

06 Do you have multiple locations and share equipment?

SolarTrak's GPS location function will obviously be vital. The Branch Organization tool lets you assign part of your fleet to a particular branch, then supervise everything while giving Branch managers autonomy to control their own fleets. Versatile, and totally customizable.

07 How accurate is your billing system?

SolarTrak is a huge benefit to your billing department. The Engine-Hours function shows exactly when equipment is operating on a calendar, with totals by day, week and month. If a customer calls Friday to pick up a rental and you can't immediately retrieve it, and they use the machine over the weekend, you'll know exactly when and can recoup the costs. If they claim the machine wouldn't work, you can prove it did and show exactly when and for how long. Bill for all the additional hours that would have been lost.

08 How busy is your repair department?

SolarTrak helps your repair crew in three ways. Supervisors track rented equipment and get email or text warnings when battery voltage drops to a user-determined level, and can see how hard equipment is being used by checking Engine-Hours reports.

Once a problem occurs, GPS location lets you send crew directly to the equipment, even if it's parked off road. Crews can click on Bing or Google for driving directions right from SolarTrak.

The fleet maintenance software helps your Repair Department plan the week. Have your department head review the "Maintenance Due" Report every Monday morning to see what equipment is due for routine maintenance or inspections.

09 Most importantly, how busy are you?

SolarTrak can act as your eyes and ears, watching your fleet's location, health, and reminding you where equipment is, if it's operating, and when to perform oil changes and other maintenance. You can determine the rights of every user, including who gets alerts and notifications.

Reports include: Tracking (GPS position, speed, battery voltage), Geofences (entry and exit time from user-defined Geofences), Residence (assets contained within a Geofence), Engine-Hours (engine starts, stops and run time), Stops (duration and location of vehicle stops), and Maintenance History (records of each maintenance event).

10 Is equipment theft a concern?

SolarTrak trackers tell you where your equipment is. They're also equipped with an internal battery that continues to send data even if the wires powering the tracker are cut, giving you up to 72 hours to find and retrieve stolen equipment. Insurance companies love GPS trackers. Ask if you qualify for a discount by installing SolarTrak.