Greenhouse Gas Reduction
The Low Carbon Fuel Standard (LCFS) was created to decrease the carbon intensity of California's transportation fuel pool and provide an increasing range of low-carbon and renewable alternatives.
Kitu System LCFS Credit Services registers, manages, and monetizes any LCFS Credits that are generated through electric vehicle charging at the Credit Generating Facilities.
Register the sites, including sites for which Kitu Systems is not the EV service provider.
Individual EVSE registration data
CARB LRT-CBTS database account registration
CARB LRT-CBTS Document Submittals and Completion
Charging Data Collection
Kitu Systems will review and submit reports to ARB verifying EVSE electricity consumption on a quarterly basis.
- Collection of quarterly EV charging data (included in Convoy platform services)
Kitu Systems will use commercially reasonable efforts to optimize revenues from the sale of Customer LCFS credits. If a third-party broker is necessary to sell LCFS Credits, Kitu Systems will cover the brokerage service costs.
Market analysis to optimize credit revenue
Contracted with parties to sell credits
Quarterly Compliance Reporting to CARB
Quarterly reporting in CABR’s database
Liability for accuracy of data
Comply with CARB’s Annual EV adoption reporting requirements
Kitu Systems will ensure that its services comply with any and all CARB requirements and fulfill all the obligations of credit generating facilities under the LCFS Program.