Lazer Spot announced its partnership with SRECTrade to advise and manage the company’s environmental commodities as part of further accelerating Lazer Spot’s long time drive to reduce vehicle emissions.
As a leader in the spotting industry Lazer Spot has reduced emissions for years, operating 100 percent electric yard trucks since 2017. Informed by these early trials, Lazer Spot has accelerated the deployment of 100 percent electric yard trucks aided by SRECTrade’s work to optimize funding provided by environmental commodity programs.
Lazer Spot is ahead of the standard industry idle time by almost 30 percent, saving over 1.5 million gallons of fuel and eliminating over 32 million pounds of CO2 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 wanted a turnkey solution from a partner that could help educate, advise and operationalize these tough new regulatory programs,” said David Stringer, Vice president of Innovation at Lazer Spot. “We also 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 – the very same communities in which we live.”
Stringer noted that 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. It’s a win for everyone: employees, customers, the environment and the bottom line.
SRECTrade advises on and manages Lazer Spot’s environmental commodity portfolio maximizing benefits from complex clean fuel and renewable energy programs.
Published in the November 2021 Edition
