Lazer Spot, a yard management company, has announced its partnership with SRECTrade, a clean energy software company, to advise and manage its environmental commodities. Lazer Spot has accelerated the deployment of 100% electric yard trucks aided by SRECTrade’s work to optimize funding provided by environmental commodity programs like California’s Low Carbon Fuel Standard (LCFS).
Lazer Spot has reduced vehicle emissions since 2015 with an idle reduction initiative that improved the overall health of its fleet, saved on fuel, and reduced emissions. Two years into this initiative Lazer Spot began deploying its first all-electric yard trucks and is now more aggressively transitioning its fleet while successfully balancing the benefits against higher initial deployment costs.
SRECTrade’s ability to source renewably generated electricity to power electric trucks is a key part of Lazer Spot’s sustainability strategy.
“We recognized that with our scale, we must leverage every resource to make the tech more affordable, approachable, and ultimately more sustainable for our customers and the communities in which we operate," said David Stringer, VP of Innovation at Lazer Spot.
Stringer noted the transition to EVs has been cost effective and beneficial in many ways. The zero-emission vehicles have led to more efficient workdays, safer working conditions, and greater employee retention.
SRECTrade advises on and manages Lazer Spot’s environmental commodity portfolio maximizing benefits from complex clean fuel and renewable energy programs as the firm accelerates efforts to decarbonize across its network. Lazer Spot plans to deploy over 30 trucks by the end of 2021 with a goal to get to 100 trucks in 2022.