LCFS Program

Go Electric To Get Paid

The Low Carbon Fuel Standard, or LCFS, program was introduced in 2009 by the California Air Resources Board (CARB) to help achieve statewide carbon reduction goals by decreasing the transportation sector’s carbon intensity 20% by 2030. The LCFS’s program is a market-based compliance measure that creates economic value from low-carbon and renewable fuel technologies.

  • Addtional Revenue
  • Zero Out Of Pocket Cost
  • Increased ROI
  • Minimized Core Business Impact
  • Reduces Greenhouse Gas Emissions
  • Comprehensive LCFS Credit Management

LCFS

Is my business eligible for LCFS Credits?

The opportunity to claim credits is available quarterly to owners or renters of electric lift truck chargers, EV chargers, and chargers for heavy duty vehicles. Charger efficiency, battery size, and fleet usage data is used to calculate metric tons of CO2 saved by the low carbon fuel alternative being utilized. This information is delivered to CARB for review and credit assessment. After the CARB 90-day review period credits are allocated and deposited to trading accounts and are then available to be sold to regulated parties who have a deficit due to high carbon fuel production.

Minimized Core Business Impact

We manage the end-to-end LCFS process from the complex aspects of regulatory compliance to reporting and brokerage transactions

How Do LCFS Credits Work?

The LCFS program works as a market system where users
and producers of clean energy, including electric forklift owners,
earn credits through their emission reductions, while emitters
purchase those credits to offset their carbon footprint.

What happens if I choose not to participate in the program?

There is no requirement for low carbon fuel producers to participate. If you own or rent electric material handling equipment but do not participate in this program, the electric utility company claims the credits. The utility company receives quarterly credit allocations based on estimates of battery charging stations in their territory less the number claimed by the owners.

Frequently Asked Questions

The California Air Resource Board Low Carbon Fuel Standard credit program was once exclusive to road-use vehicle fuels. It began with credit producers making biodiesel, ethanol, CNG, hydrogen, or road EV chargers. The credit generation opportunity is now available to owners of charging stations for off road vehicles also. This makes warehouse operators using electric material handling equipment a new beneficiary of the program.

The opportunity to claim credits for charge station fuel production is available quarterly to owners of electric lift truck chargers. Charger efficiency, battery size, and fleet usage data is used to calculate metric tons of CO2 saved by the low-carbon fuel alternative being utilized. This information is delivered to CARB for review and credit assessment. After the CARB 90 day review period credits are allocated to trading accounts and are then available to be sold to regulated parties who have a deficit due to high carbon fuel production.

Battery electric has long been a preferred fuel source for MHE in many applications. The income potential of LCFS raises the appeal of going electric to an even greater share of the material handling market. New lithium battery options for lift trucks allow faster charging and facilitate heavy use of electric lift trucks without battery changing. They also offer a more energy-efficient storage of electricity and do not require maintenance like flooded lead acid batteries.

Maximize your LCFS Credits

Don't Miss Out on Free Money

If you’re not already using an electric forklift, pallet jack, or other material handling equipment, or if you’ve been thinking about expanding your electric fleet, now is a great time to buy. Use your LCFS credits to offset the cost of buying new equipment and earn cash back every time you charge it up. Contact us?

Minimized Core Business Impact

We manage the end-to-end LCFS process from the complex aspects of regulatory compliance to reporting and brokerage transactions

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The warehouse experts at TOTAL WAREHOUSE have decades of experience with every type of industry and operation. We know the exact equipment and storage system combination needed to increase your output. Give us a call and let's grow your business together.

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