Daniel Pidgeon, ERS, for Zondits
Southern California Edison, Pacific Gas & Electric, and San Diego Gas & Electric are seeking a combined $1B over the next five years (in addition to $200M already going towards electric vehicle charging infrastructure) to help the state meet its electric vehicle targets and carbon reduction goals. This figure would cover fast-charging stations, electric bus and track charging systems, new rates and incentives, and more. The infrastructure and incentive investment will help California reach its goal of 1 million zero-emission vehicles (ZEVs) by 2020 and 1.5 million ZEVs by 2025. These goals have been set in conjunction with California’s greenhouse-gas reduction goal – to cut carbon emissions to 40% below 1990 levels by 2030 – with a push towards electric fleet vehicles (buses, delivery trucks, airport tractors) creating much less pollution from diesel.
California Utilities Seek $1B to Build Out Electric Vehicle Infrastructure
Greentech Media, January 24, 2017
The biggest, from Southern California Edison, envisions raising $570 million over five years, which will increase ratepayers’ bills by an average of 0.5 percent. The rollout would include 50 fast-charging ports, capable of charging EVs in under 30 minutes, at five clusters in the utility’s territory; charging stations for electric buses and trucks, as well as airport and cargo-handling vehicles; rebates to encourage new residential charging stations; and rate incentives to encourage EV owners to charge during off-peak hours.
That’s a much bigger rollout than SCE’s $22 million Vehicle Grid Integration program approved last year. That program will deploy 1,500 Level 2 chargers at workplaces and multifamily housing sites, and includes an emphasis on deploying third-party EV charging equipment and network providers.
SDG&E, which previously won approval to spend $45 million to deploy 3,500 chargers, is also proposing a much larger rollout funded by $244 million over five years. The plan includes charging stations for airport and seaport vehicles, delivery trucks, taxis, park-and-ride sites and up to 90,000 residences, as well as special rates to incentivize EV owners to charge at times of low energy prices and plentiful solar and wind power.