Watch Your Revenue Grow with LCFS Credits Managed by PineSpire
“The LCFS market can create revenue for agricultural operations in all portions of the product chain from field to shelf. Importantly, LCFS credits can come from new or existing equipment, and can be combined with other grants and rebates. This program should also be considered when planning for the future conversion to electric equipment.”
Excerpt from a PineSpire provided article in the ALMOND ALLIANCE Newsletter. For the full article, visit our RESOURCES page.
Businesses within the Agricultural and Food Processing industries can benefit greatly from electrification of equipment. For a list of qualifying equipment, visit our FAQ page. PineSpire is working with The California Air Resources Board (CARB) to broaden eligibility to include additional types of equipment specific to farming.
Low carbon fuel standard (LCFS) programs in both California and Oregon offer electric fleets an additional revenue stream to pay down the cost of electrification. LCFS credits can be generated directly by fleets charging their own electric equipment, and these credits are turned into revenue to offset electricity costs and reduce total cost of ownership for electrification.
These programs give fleets an opportunity to earn additional revenue by using eligible electric equipment including forklifts, pallet jacks, heavy-duty vehicles, yard semis, truck refrigeration unit chargers, fleet cars or trucks, EV chargers for employee or visitor vehicles and more. To see how much you could be earning, use our INCENTIVE ESTIMATE CALCULATOR.
PineSpire helps clients earn LCFS credits directly to maximize revenue generation and meet your established sustainability goals.
PineSpire’s experts understand the complex LCFS market and do the hard work so you can save time while earning additional revenue with your EV program. We manage all aspects of participating in the LCFS program from registration to revenue.
PineSpire has compelling case studies to share with you, for example:
Electronic Fork Lifts:
Our E-Fork Lift study will outline for you how to dramatically lower your fuel costs, generate revenue through PineSpire management LCFS Credits, lower operating and maintenance costs, create a safer work environment and provide cleaner operations to ensure food quality.