Electric forklifts

Incentives of up to $500 per forklift

Entergy customers can replace internal combustion-powered forklifts with electric forklifts to reduce maintenance and fuel costs, improve safety and reduce air pollution; and we’re making it easier with incentives of up to $500 per forklift.

Electric forklifts make sense

  • Reduced ownership, maintenance and fuel costs.
  • Healthier, safer, cleaner and quieter work environments.
  • Better environmental profile.

Ready to go electric? Contact us  to speak to a dedicated electrification consultant or apply for incentives online. A limited number of these incentives are available to customers and availability is subject to overall participation levels. After you’ve made the decision to go electric, contact a licensed electrician to install all associated battery chargers in accordance with local and municipal codes and permitting procedures.

Although the initial investment on electric forklifts is higher than their internal combustion counterparts, those costs can be recouped in two years or less. An investment in electric forklifts requires paying up-front for batteries and charging equipment; however, electricity is cheaper than conventional fuel, saving money in the long run. Electric forklifts also have 90 percent fewer parts than combustion forklifts meaning easier maintenance and lower repair costs.

Two types of batteries can be used to charge electric forklifts:

Opportunity-charged batteries are charged for one or two hours several times a day to remain 20 to 80 percent charged, with an eight-hour equalization charge required each week. This charging method is ideal for one-, two- or light-use three-shift operations.

Conventionally-charged batteries are ideal for one-shift operations in which the battery runs for eight hours, charges for eight hours and cools for eight hours before it is used again. This charging can be used in two- and three-shift operations, but additional batteries and a charging room will be required.

In many cases, once an operator tries an electric forklift, he or she usually prefers them over conventional forklifts. In fact, electric forklifts are more responsive and the lifting power is instantaneous. With lifting capacities up to 10,000 lbs, most electric forklifts lift as much as conventional forklifts.

Electric forklifts are also optimal for your facilities in the ability to operate in very narrow aisles allowing you to store and move more products. They can also operate outside as most forklift manufacturers offer electric, pneumatic-tire forklifts, which can operate in rain, snow or mud. The battery compartments are sealed and/or contained to be weather resistant.

Electric forklifts produce zero site emissions and need less tire maintenance and replacement. A typical conversion to an electric forklift can reduce CO2 site emissions by 50 tons each year, contributing to a cleaner and healthier work environment for employees.

Electric forklifts are also much quieter than conventional forklifts, which means greater operator awareness and reduced accidents.

Electric forklift cost comparison

Replacing internal combustion-powered forklifts with electric forklifts requires a high initial investment with the installation of charging equipment and purchase of batteries. But, as you can see in the table below, the ongoing savings that continue for the lifetime of the electric forklift are astounding. On average, customers recoup the initial investment costs in two years or less.

Find out if you're eligible

  • Electric forklifts must replace an internal combustions unit, or be a first-time forklift purchase, or be an expansion to an existing fleet.
  • Leased electric forklifts are eligible for the full incentive.
  • Used electric forklifts are eligible for a reduced incentive based on the age of the forklift and must be a 2015 or newer model.
  • Applicants must install electric forklift charging infrastructure at a facility that has electric service billed under an Entergy electric rate.

Incentives

  • Entergy offers prescriptive financial incentives for the installation of qualified electric forklifts.
  • Class 1 and 2 forklifts: up to $500 per forklift
  • Class 3 forklifts: up to $250 per forklift

Customer Success