The costs of the requests by Southern California Edison, Pacific Gas & Electric and SDG&E will be passed on to ratepayers and still need to be approved by the California Public Utilities Commission. The utilities say the projects will go a long way to reducing air pollution and greenhouse gas emissions.
Southern California Edison’s proposal is expected to cost $570 million, which will pay for electric vehicle incentives, rebates for residential charging stations and electrification projects for medium and heavy-duty vehicles.
Pacific Gas & Electric has requested $253 million, the bulk going to electric infrastructure aimed at larger vehicles such as buses that currently use diesel fuel. The PG&E proposal also wants to offer “a significant rebate” program for fast-chargers that can power electric vehicles in 20 or 30 minutes.
SDG&E wants to spend $244.1 million to install tens of thousands of charging stations in its service area to boost the transition to zero-emission vehicles, trucks, shuttles and delivery fleets.
Electric cars are less than 1% of the market.
Each of the utilities’ proposals will get “vetted” through the PUC’s corrupt regulatory process. Then the utility companies will cash-in.
Read the whole story in the LA Times