| Fuel |
Versatility |
Cost |
| Propane |
Indoor and outdoor use
Capable of handling rugged, unpaved, outdoor terrain, and steep grades
Can operate in inclement weather
|
Lower initial investment costs than comparable electric, CNG or diesel forklifts
Lower maintenance costs than diesel and electric forklifts
Inexpensive cylinder exchange or onsite fuel storage
Pilfer-proof; reduced loss from spillage and evaporation
|
| Diesel |
Predominantly outdoor use only |
Additional cost due to pilfering, spillage losses, evaporation |
| CNG |
Similar to propane |
Recertification costs: CNG cylinders must be recertified every three years
Establishments with CNG forklift fleet may require major capital investment of up to $40,000 in refueling station
If the electric service goes down, the CNG compressor station will not work resulting in a potentially significant production loss
CNG compressors are expensive to overhaul
|
| Electricity |
Typically for indoor use
Operate only on paved or hard surfaces
Cannot handle steep inclines
|
Higher initial investment due to:
Extra equipment such as batteries, charger, and battery hoist, battery charging and wash down rooms
Additional indoor space for recharger and battery storage
Labor costs for changing batteries for second and third shifts
Ventilated storage area is required for batteries
|
| Gasoline |
Typically for outdoor use |
Additional cost due to pilfering, spillage losses, evaporation
High costs to upgrade on-site fuel storage
|