California To Spend $1 Billion To Improve Electric Vehicle Charging Across The State | Carscoops

  • 📰 Carscoop
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Energy Energy Headlines News

California To Spend $1 Billion To Improve Electric Vehicle Charging Across The State | Carscoops carscoops

reports that the program will place a priority on low-income individuals and those in tribal areas. In fact, 65 per cent of the funds will be directed to underserved communities. The five-year program will commence in 2025 and conclude in 2029 with $200 million being allocated each year through California’s utilities. It is expected to cost each San Diego Gas & Electric customer less than $1 a month.

“It’s the highest priority,” Commissioner Clifford Rechtschaffen said of the project. “We have very stringent state goals established by the Air Resources Board to electrify medium- and heavy-duty trucks and they need charging infrastructure in order to electrify their fleets. We don’t know exactly what the amounts will be and how much the budget will cover but the idea is to cover all or most of the costs of the equipment.

While Californian policymakers say they will evaluate the program after three years to see if it is too much to bear for ratepayers, the Public Advocates Office said utility customers shouldn’t have to fund the project. “Increasing electric rates to fund the state’s [greenhouse gas] reduction initiatives, therefore, places a disproportionate burden on low-income families,” the watchdog said. “This is also counterproductive as this increases the cost of fueling electric vehicles, which in turn reduces the incentive to purchase electric vehicles.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 306. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California regulators OK $1 billion for EV charging project, mostly for trucksThe California Public Utilities Commission has approved a $1-billion vehicle electrification charging project, with most of the money earmarked to accelerate the number of midsize and heavy-duty trucks on the state’s roads.
Source: latimes - 🏆 11. / 82 Read more »