Electrifying a fleet is often seen as a long-term investment, a step toward sustainability, and lower maintenance costs. But what if it could also generate immediate income?
Thanks to Canada’s Clean Fuel Regulations (CFR), fleet operators have access to a powerful financial lever: carbon compliance units. These credits reward the reduction of greenhouse gas (GHG) emissions achieved by using electric vehicles instead of internal combustion ones. And when properly measured, certified, and monetized, they can represent thousands of dollars per vehicle per year.
Cleo gives you direct access to this opportunity with our carbon compliance credit monetization program.
What Are Carbon Credits and Why Should Fleets Care?
Under the CFR, every ton of CO₂ avoided creates a carbon compliance unit that can be sold to regulated fuel suppliers and emitters.
For EV fleet operators, this means:
- Direct financial gain from existing electrified assets
- No need for new hardware or operational changes
- An additional ROI stream that supports future electrification
In short, carbon credits turn environmental impact into economic return.
The Missing Link: Data Accuracy and Compliance
Behind a simple idea lies a complex execution.
Carbon credits are only valid when GHG reductions are accurately measured and verified using reliable data: energy consumption, mileage, emissions equivalencies, and more...
This is where Cleo’s intelligent platform makes all the difference. Cleo automatically collects and aggregates the energy data required to certify your fleet’s emission reductions. The result: complete traceability and guaranteed compliance, both essential for registering and selling carbon credits.
Cleo Carbon: a turnkey solution to maximize your revenue
- Compliance registration and management
- Data validation and verification
- Credit certification and sale at the best market price
- Annual renewal and optimization
The model is simple: no upfront fees, no administrative workload, and guaranteed revenue.
By pooling credits from all participating fleets, Cleo strengthens collective bargaining power and consistently secures above‑market results.
$3,000 to $5,000
in revenue per vehicle per year
Average earnings reported by participating fleets, based on usage rate and contract duration.
+200%
increase in credit value negotiated
In 2025, Cleo’s role as an aggregator led to nearly a 200% increase in the value of negotiated credits compared to 2024.
Real Results, Real Impact
Fleet operators like Sogesco in Quebec are using carbon compliance unit revenues not only to offset operating costs but to accelerate their electrification journey. For many, this income is a crucial bridge between ambition and action.
"Cleo’s software platform allows us to collect valuable data for carbon credits, an important source of revenue that helps fund our electrification efforts.”
Éric Desmarais, CEO, Transport Scolaire Sogesco inc.
Why Timing Matters
Credits are issued on an annual cycle, and early registration ensures maximum eligibility for upcoming reporting periods. To maximize 2026 revenue, fleets should enroll before January, positioning themselves to benefit from a rapidly maturing carbon market.
Register now!
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