Electric Locomotive Cost
So, How much do locomotives cost? A diesel locomotive could cost from $500,000-$2 million. While an electric locomotive could cost more than $6 million. Price depends on whether it is powered by AC or DC traction, how much horsepower it has, or what electronics it is equipped with.
Are electric trains expensive?
Electric locomotives usually cost 20% less than diesel locomotives, their maintenance costs are 25-35% lower, and cost up to 50% less to run. The chief disadvantage of electrification is the high cost for infrastructure: overhead lines or third rail, substations, and control systems.
Electric locomotive - Wikipedia
How much does a CN locomotive cost?
CN declined to say how much it is spending on the locomotives, but an industry source said they cost about $3-million (U.S.) each. The 195-tonne locomotives produce 4,500 horsepower and can pull a freight train at 110 kilometres an hour, GE says.
CN to buy 200 locomotives from GE as freight volumes surge
The new GE ES44AC locomotives, which cost $2.5 million each, are 18 percent more fuel efficient than other alternatives that IAIS looked into. Miller said one of the new 4,400-horsepower units will pull a train equivalent to what two or three of its current units can handle.
Iowa Interstate Railroad invests millions in fleet - Business Record
How much does it cost to electrify a railway?
Moyer also countered that the $4.8 million per track mile figure is related to the most expensive areas to electrify a rail line, such as on an overpass. He estimates initial installation costs to be around $2 million per track mile and $2.5 million per doubletrack mile.
Is electrifying the freight rail network cost prohibitive? - FreightWaves