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EPRI's Lift Truck Life Cycle Costs Calculator App Helps Determine Your Cost Savings Going Electric

Aug 07, 2015

The Electric Power Research Intitute's mobile app is a useful resource that helps to determine the potential ROI on electrifying your forklift fleet. The EPRI Lift Truck Calculator makes it easy to compare the overall cost of ownership for material handling vehicles based on fuel type: propane, diesel or electric. With this calculator, you’ll be able to determine the true cost savings and estimated environmental benefits of electric trucks versus the internal combustion counterparts.

You can easily enter key factors based on your specific operation and the Lift Truck Calculator does the rest.

The calculator lets you enter:
• Truck capacity
• Purchase price
• Operating hours
• Local energy prices
• Maintenance costs
• Months of operation

Material handling vehicles are used in virtually every industry to transfer cargo, stock and pallets. In the United States alone, material handling vehicles represent an annual industry of $150 billion.


The lift truck is one of the most widely used material-handling vehicles. Although lift trucks traditionally have been fueled by propane gas or diesel fuel, more than 60% of lift vehicles currently purchased are battery-powered.

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