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FREE ROI CALCULATOR

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Adjust your fleet size, shift schedule, and fuel costs — get a live 5-year savings estimate in seconds. 

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What's Actually Driving Your Savings 

 

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No Battery Swaps

Opportunity charging between shifts eliminates swap labor, battery rooms, and multi-battery inventory per truck

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Reduced Maintenance

Lithium cells require no watering, no equalization, no acid exposure, eliminating a major recurring cost.

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Safety

Eliminating acid exposure and heavy battery handling directly reduces incident frequency and OSHA-reportable costs.

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95% Charge Efficiency

Versus ~80% for lead-acid. That delta compounds across every cycle, every week, every year of the fleet's life.

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ESG Alignment

Reduce your lead footprint with measurable metrics that support sustainability reporting and stakeholder disclosure.

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Space Utilization

Battery rooms average 400–800 sq ft. Reclaimed space goes back into production, storage, or operations.

WHAT OPERATIONS MANAGERS ARE SAYING

Real Results From Real Fleets

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“There is always a learning curve and hurdles to overcome when converting a forklift fleet from LP Gas to Electric. Our partnership with Flux Power has exceeded our expectations as they continue to monitor and educate the end-user and provide valuable feedback so management can fine-tune their operation to achieve the lowest cost per operating hour for the new fleet.”

Jeff Timmer - Manager

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“We like the minimal downtime. We have drivers doing up to 3 truckloads, and previously, we’d have to send them a separate jack for the driver to be able to finish his day. Currently with the Flux Power batteries on board – the charge just goes forever and he can finish his shift on just one charge. That’s one of the main reasons we like Flux Power.”

Christian Sanchez - General Manager

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Frequently Asked Questions

Accordion Icon What is Total Cost of Ownership (TCO)?
Total Cost of Ownership (TCO) is the complete cost of operating a battery over its lifetime, not just the purchase price. TCO includes maintenance, labor, energy consumption, battery replacements, downtime, charging infrastructure, and disposal costs.
Accordion Icon Why Should I Care About TCO?

Focusing only on the upfront price can be misleading. A lower-cost battery may end up costing significantly more over time due to maintenance, downtime, and shorter battery life.

TCO helps you understand what your battery fleet is really costing your business. Looking beyond the purchase price allows you to identify opportunities to save money, improve productivity, and maximize the return on your equipment investment.

Read this blog, "Forklift Battery Price - Why it's Not the True Cost of a Battery" to learn more about looking beyond the purchase price of a lithium-ion battery.

 

Accordion Icon What is the total cost of ownership of a lithium-ion forklift battery vs. lead-acid?
Although lithium-ion batteries have a higher upfront cost, their total cost of ownership over 5–10 years is typically lower than lead-acid. Lithium batteries last 2–3 times longer, require far less maintenance, and charge faster — eliminating costs tied to watering, equalization, and early replacement. For mid-to-large fleets, the savings can reach into the hundreds of thousands of dollars.
Accordion Icon How does opportunity charging impact TCO?
Opportunity charging allows operators to charge batteries during breaks and shift changes without damaging battery life. This reduces the need for spare batteries and battery-changing equipment, lowering overall operating costs.
Accordion Icon How long does it take to see ROI on lithium forklift batteries?
Most operations see a full return on their lithium-ion investment within 1 to 3 years. High-usage and multi-shift environments tend to reach payback fastest, as lithium's efficiency advantages compound with every cycle. When you factor in reduced maintenance, eliminated watering, and lower energy consumption, the timeline shortens considerably.
Accordion Icon How much does a propane forklift fleet cost to run per year?
A single propane forklift can cost $3,000–$5,000 or more in fuel annually. For a 20-forklift fleet, that can exceed $100,000 per year — before engine maintenance and emissions costs. Lithium-powered electric forklifts significantly reduce those ongoing expenses while eliminating exposure to volatile propane pricing.
Accordion Icon Can lithium batteries be used in multi-shift warehouse operations?
Absolutely — multi-shift operations are where lithium-ion delivers its greatest advantage. Lithium supports opportunity charging, meaning operators can plug in during breaks or shift changes without damaging the battery. One battery can power a forklift through multiple shifts, eliminating swap-outs and keeping your fleet running around the clock.
Accordion Icon What factors affect the payback period for a lithium forklift battery investment?
The biggest factorsthat affect the payback period for a lithium forklift battery include number of shifts per day, fleet size, current fuel or energy costs, and labor spent on battery maintenance. Operations running multiple shifts or paying high propane costs typically see the fastest payback. Using an ROI calculator with your actual numbers is the most accurate way to model your specific timeline.
Accordion Icon How does SkyEMS help improve TCO?

Flux Power's SkyEMS® fleet intelligence platform provides real-time visibility into battery performance, utilization, charging behavior, and battery health. These insights help operators optimize fleet performance, extend battery life, and prevent costly downtime.

Learn more about Flux Power's SkyEMS platform.