U.S. Gain introduces LCFS Credit Generation for EV's and forklifts
In the United States (US), U.S. Gain, a leader in the development, procurement, and distribution of renewable natural gas (RNG) for the transportation and energy markets has announced that it will now offer Credit Generation to electric fleets and forklifts in California (CA), opening a completely new revenue stream for customers at no additional cost.
U.S. Gain and parent company, U.S. Venture, Inc., have successfully tenured experience with credit generation programs like the Federal Renewable Fuel Standard (RFS), California’s Low Carbon Fuel Standard (LCFS), and Oregon’s Clean Fuels Program (CFP).
Coupling this expertise with their team of industry-leading traders and established network of credit buyers and sellers, U.S. Gain has an extensive history of monetizing credits, for an array of fuel types, at values that outperform indexed averages.
As regulations, sustainability demand, and incentive programs intensify (specifically within California), organizations utilizing alternative vehicle technologies can get paid by way of LCFS credits. However, selecting the right partner to generate and monetize these credits is key, from both risk mitigation and revenue generation perspective.
Within the past year, U.S. Gain added electric vehicles (EVs) to its portfolio of credit generation services, delivering substantial incremental revenue to distribution centers within California (CA).
We’ve been generating credits under California’s LCFS since the program’s inception. Rooted in transportation and backed by the strength and size of U.S. Venture, we know how to accurately generate credits and efficiently maximize their value, reducing risk and resource burdens that accompany credit generation. From forklifts to buses and trucks, we look forward to extending our services to organizations seeking an easy, new revenue stream, said Jon Summersett, Director of Product Management for U.S. Gain.