WASHINGTON – The U.S.-based Propane Education & Research Council has released a free online cost calculator that allows facility managers determine the cost differences between electric and propane-powered forklifts.
“With this new tool, facility managers can have the data at their fingertips, giving them an easier way to compare the operational costs between forklift fuels,” said Jeremy Wishart, PERC director of off-road business development.
To calculate potential savings, users input a few data points such as number of forklifts, usage hours, forklift purchase amount, and fuel price.
Then, the forklift calculator will yield the overall cost comparisons between propane and electric forklifts. The output will provide operating costs, including the cost of batteries and fuel, along with the total ownership costs and potential savings.