The L.D. Bailey report is greatly inaccurate. Attributing extra electric usage for the whole plant to extra hrs on a forklift would not be near as accurate as measuring the power used by the chargers. The bailey report also estimates that batteries will only last three years and that lp gas is only $1.35 per gallon or about $10 a tank. Maintenance costs were estimated on the lp unit at $420 per month and on the electric at $350 per month (3000hrs @5yrs) also greatly skewed. It would be nice to see a more accurate comparison. ITA numbers show the market continuing to move more toward electrics and that will likely accelerate as battery/charger technology improves.
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