Forklift Fuel Cost Calculator

Compare fuel costs: Electric vs Propane vs Diesel

Operating Schedule

Typical: 8 hrs (1 shift), 16 hrs (2 shifts)

Current Fuel Prices

Default prices from BLS PPI data. Adjust to your local rates for accurate results.

Potential Annual Savings with Electric

$12,230

vs Diesel

LOWEST COST
🔋
Electric
$166/mo
$1,997/year
8.0 kWh/hour
$0.12 $/kWh
$7.68/day
🔥
Propane (LPG)
$1,082/mo
$13,000/year
2.5 gal/hour
$2.50 $/gallon
$50.00/day
Diesel
$1,185/mo
$14,227/year
1.8 gal/hour
$3.80 $/gallon
$54.72/day

Monthly Cost Comparison

Operating Hours Summary

40.0
Hours/Week
173
Hours/Month
2,080
Hours/Year

Understanding Forklift Fuel Costs

🔋 Electric

Electric forklifts typically consume 6-10 kWh per operating hour. While electricity rates vary by region, electric is often the cheapest fuel option for indoor operations. Factor in charging infrastructure costs for accurate TCO.

🔥 Propane (LPG)

Propane forklifts use 2-3 gallons per hour. Propane prices fluctuate with natural gas markets. Quick tank swaps mean no downtime for charging, making propane popular for multi-shift operations.

⛽ Diesel

Diesel forklifts consume 1.5-2.5 gallons per hour. While fuel costs are higher, diesel offers maximum power for outdoor heavy-duty applications. Best for lumber yards, ports, and construction sites.