Monetize Your EV Fleet with Low Carbon Fuel Standard (LCFS) Credits Managed By PineSpire
Create A New Revenue Stream • Reach Sustainability Goals • Improve Public Health
WIN • WIN • WIN
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 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 CALCULATOR.
PineSpire helps clients earn LCFS credits directly to maximize revenue generation and meet your municipality’s 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:
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.