Electric vs Propane Cost of Ownership Calculator

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Calculate SKU to pallet ratio, Pareto Law, calculator, warehouse analysis, Raymond Handling Solutions,

Raymond Handling Solutions, Inc, 10261 Matern Place, Santa Fe Springs, CA 90670 - 1-800-NOW-LIFT

ELECTRIC vs PROPANE CALCULATOR

This simple calculator helps you estimate the true costs of ownership of Propane versus Electric equipment. With the rising cost of propane, electric forklifts are less expensive to run and have a lower cost of ownership.

Enter your unique information in the yellow input fields below for an estimate.

For an alternative third party calculator, click here.

Many gasoline and LPG engines in this category are similar to, or derived from, early 1980s automobile engines. In response to 1994 State Implementation Plan (SIP) control measure M11, staff proposed emission control regulations for new engines to be phased-in beginning in 2001, based on the use of closed-loop three-way catalyst systems or equivalent technology. This regulatory item was considered by the Board on October 22, 1998, and approved by OAL in October 1999. SIP control measure M12 expects the U.S. EPA to adopt similar standards for preempted equipment. In December 2000, the U.S. EPA published an Advanced Notice of Proposed Rulemaking (ANPRM) for Large Spark-Ignition (LSI) engines. For more information regarding the U.S. EPA upcoming LSI engine rule please see the U.S. EPA's Office of Transportation and Air Quality website.

On October 23, 2003, the Board revised and adopted the 2003 State and Federal Strategy for the California State Implementation Plan (SIP). The Strategy identifies a series of new State commitments that reduce criteria pollutant emissions and achieve the next increment of progress toward meeting current federal health-based air quality standards by 2010. On January 9, 2004, the Board submitted the final Strategy to the U.S. EPA for approval as a SIP revision.

The Strategy proposes 19 defined measures that ARB staff would develop, covering on-road vehicles, off-road equipment, marine vessels / ports, fuels and refueling, and consumer products. Two of the mobile source measures address emissions from off-road equipment with large spark ignition (LSI) engines. The first measure, "OFF-ROAD LSI-1: Lower Emission Standards for New Off-Road Non-Preempt Gas Engines [Spark Ignition Engines 25 hp and Greater]," proposes to strengthen the emission standard for oxides of nitrogen (NOX) for new LSI engines from 3.0 grams per brake horsepower-hour (g/bhp-hr) to 2.0 g/bhp-hr in 2007 to harmonize with the 2007 federal standard. The second measure, "OFF-ROAD LSI-2 (Consolidated): Clean Up Off-Road Gas Equipment Fleet Through Retrofit Controls and New Emission Standards [Spark Ignition Engines 25 hp and Greater]," proposes retrofit controls and more stringent new emission standards, beyond the alignment with federal standards discussed in OFF-ROAD LSI-1, to increase the use of zero- and near zero-emission forklifts.

The information on this page is deemed reliable but its accuracy is not guaranteed. Please contact your local RAYMOND sales rep for an indepth analysis.

RAYMOND_Electric_v_ LPG.XLS

ELECTRIC POWER VS. LPG POWER



		Raymond		X-Brand
		4- Wheel Electric		5k Propane
This estimate is provided for review only.		100% 3 phase Charger

EQUIPMENT COST:

1A. Total Truck Cost
1B. Battery Cost (One Shift - 1 Battery per Shift)				0.00
1C. Charger Cost (Assuming Opportunity Charger)				0.00
1D. Total Equipment Cost
1E. Normal Equipment Life (Years)

1F. Annualized Equipment Cost
(Line 'D' / Line 'E'

ANNUAL FUEL CONSUMPTION COST:

1G. Fuel Consumption Per Shift			Battery KWH		Gal/day
1H. Fuel Cost			$ / KWH		$ / Gal
	Sub-Total:
1I. Days Worked Per Year
1J. Annual Fuel Cost

ANNUAL MAINTENANCE COST:

1K. Materials & Labor Per Year		1,700.00		2,100.00
(60 Month Term @ 6,250 Hours Useage / E.C. @ $1.36-hr. : I.C. @ $1.68-hr.)


			SUMMARY

2A. Annualized Equipment Cost
(From Line '1F')
2B. Annual Fuel Cost
(From Line '1J')
2C. Annual Maintenance Cost
(From Line '1K')
2D. Annual Fuel & Maintenance Cost
(Sum of Lines '2B' & '2C')
	Number of Shifts
	Annual Cost of Operation

2E. Annual Cost of Ownership
(Sum of Lines '2A' & '2D')
2F. %-Savings Per Year Over I.C. Product				N/A

2G. $-Savings Per Year Over I.C. Product				N/A

2G. $-Savings over term compared with I.C. Product


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Electric vs. LP Gas Lift Truck

Cost Comparison

“What should I use, LP gas or electric lift trucks?” Many fleet managers ask us this

question. There is no “right” answer as a rule of thumb. There are just too many variables

to give a pat answer. Recently, the question was posed to us once again and we decided

to perform an ‘ACTUAL CASE STUDY” that captures the variables and quantifies the

answer.

In this white paper the information is presented in a “fixed” form illustrating a single

example from our fleet analysis files. The electric costs were taken from actual customer

bills, as were the Liquid Propane fuel costs. The maintenance costs were based on existing

full-service maintenance contracts.

In order to isolate electric fuel (charging) costs (there was no meter in the battery charging

line) we did the following:

.. Our client totaled all electric lift truck hours used by month for the entire year (six

months of the year the client has an elevated level of equipment use).

.. Our client matched kilowatt-hours used by month.

.. We then calculated the delta in elevated kilowatt usage due directly to the increased lift

truck usage.

.. We divided the average number of excess kilowatt-hours by the number of excess lift

truck hours to estimate the number of kilowatt hours used for each lift truck hour of

operation.

The batteries in the study were flooded flat panel lead batteries used in 5,000 lb lift trucks.

We understand that tubular panels and “absorbed electrolyte” technologies show

considerable reductions in charging costs and we look forward to studying them ourselves

in the future.

In this study, we estimated that it took 23.5 KW’s hours to charge the batteries for each

hour of run time. At the average rate being charged to our client, we estimated that it costs

approximately $1.48 per hour of operation to charge their batteries.

There are other overhead considerations for battery use – specifically a charging bay,

chargers and equipment to remove and move (3,000 lb) batteries. The overhead in this

example is spread over 33 lift trucks forcing the Cost Per Hour (CPH) down to $.23 per

hour (15,000 hours of useful life for each lift truck). If you had to install the same

equipment for only one lift truck, it would cost approximately $1.65 per hour of operation.

The important point to remember is that there is NO additional equipment to purchase for

IC (Internal Combustion) trucks..

LINKS:

Propane (LPG) emissions risk - Article on forklift causing CO poisoning with symtoms such as light-headedness, dizziness, nausea and/or headaches.
Emissions Calculator (CARB) - Calculate whether your fleet will be in compliance on Jan 1, 2009.
Cases of CO poisoning - Carbon Monoxide Poisoning Associated With Use of LPG-Powered (Propane) Forklifts in Industrial Settings—Iowa, 1998
Hydrogen calculator - Calculate the total production of hydrogen produced by your battery charging area

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