Forklift buyer resources

Electric vs Propane Forklifts: Costs, Runtime and Buying Guide

Question answered: Is an electric or propane forklift cheaper to operate?

All States Forklift Dealer September 28, 2024

Choose electric versus propane forklifts by working environment, charging or refueling access and cost per productive hour. An electric truck avoids engine exhaust at the point of use; a propane truck can suit operations needing rapid cylinder changes, subject to the truck’s rating and workplace requirements. Diesel is a separate option for appropriate outdoor work. Compare forklift prices using equivalent capacity, mast and attachments.

Electric vs Propane vs Diesel Forklifts

Comparison Electric Propane Diesel
Typical application Suitable indoor warehouse and distribution work Suitable indoor/outdoor work where permitted and appropriately assessed Suitable outdoor and heavy-duty applications
Energy arrangements Correct battery, charger, electrical supply and charging plan Cylinder supply, exchange and safe storage arrangements Fuel supply and safe refueling arrangements
Price inclusions Check battery, charger and any spare battery Check fuel-system equipment and cylinder arrangements Check emissions configuration and fuel equipment
Working schedule Match runtime and charging to shifts Match fuel supply and refueling to shifts Match tank capacity and refueling to shifts
Operating costs Electricity, battery care/replacement and service Propane consumption, cylinder arrangements and engine service Diesel consumption and engine/emissions-system service

Compare Forklift Operating Cost per Productive Hour

Add energy, planned maintenance, expected repairs and battery or major-component replacement allowances over the same period, then divide by productive operating hours. Add finance or depreciation separately when calculating full ownership cost. Do not compare one truck’s energy-only figure with another’s total ownership cost.

Illustrative calculation: $2,000 energy plus $1,500 maintenance plus a $1,000 replacement allowance equals $4,500. Across 1,000 productive hours that is $4.50 per hour for those items. Substitute your measured consumption, local rates and service estimates; these inputs are not market averages.

5 Questions Before Choosing Electric or Propane

  1. Where will the truck operate, and what ventilation or emissions requirements apply?
  2. Can the site support the specified forklift charger and electrical supply?
  3. How many productive hours and shifts must the power system support?
  4. Which battery, charger or fuel arrangements are included in the purchase?
  5. What are the local energy prices and written service costs for each truck?

What Are the Disadvantages of Electric Forklifts?

Charging access, battery cost, runtime and compatibility with the environment need attention. An unsuitable charging plan can interrupt work. The answer is a battery and charging specification that fits the duty cycle, rather than assuming every electric truck works for every shift. Compare electric forklifts by their actual power package.

How Long Will a Forklift Run on Propane?

Runtime varies with cylinder capacity, engine, load, idle time and work intensity. Ask the supplier for consumption information for the actual model and validate it against your shift. A universal hours-per-cylinder promise is a poor budget basis.

Which Forklift Costs Less for Your Business?

Compare current purchase prices, included equipment and your own operating costs. Use counterbalance forklift specifications, the Forklift Buyer’s Guide and our forklift price comparison checklist. For independent workplace guidance, see OSHA powered industrial truck resources.

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