Monetize Your EV Fleet with Low Carbon Fuel Standard (LCFS) and Clean Fuels Program (CFP) Credits Managed By PineSpire
Create A New Revenue Stream • Reach Sustainability Goals • Improve Public Health
WIN • WIN • WIN
California’s Low Carbon Fuel Standard (LCFS) program and Oregon’s Clean Fuels Program (CFP) offer electric fleets an additional revenue stream to pay down the cost of electrification. LCFS and CFP 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 public and employee charging stations, refuse trucks, vans, buses, forklifts and other cargo handling equipment, yard trucks, and transportation refrigeration units. To see how much you could be earning, Use our INCENTIVE ESTIMATE CALCULATORS.
PineSpire helps clients earn LCFS and CFP credits directly to maximize revenue generation and meet your municipality’s sustainability goals.
PineSpire’s experts understand the complex LCFS and CFP markets, 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 and CFP programs from registration to revenue.
PineSpire has compelling case studies to share with you, for example:
Car Chargers Study:
For every 100,000 miles charged, the owner receives over $3,000/year in revenue!
Conventional diesel refuse trucks are some of the highest polluters in residential areas. Switching to electric refuse trucks can create incentives of more than $15,000/year per truck.