CleanTechnica•15 days ago
Leading US Utility Goes Rogue, Offers New Round Of EV Funding
Key Takeaway
Utility-led funding for EV charging infrastructure creates immediate development opportunities and signals future load growth for large power consumers and IPPs in the ComEd service territory.
AI Summary
- •ComEd (Exelon) has significantly expanded its funding programs for EV rebates and financial assistance for new charging stations.
- •This initiative creates direct financing opportunities for developers of EV charging infrastructure within ComEd's service territory.
- •Large power consumers can leverage these programs to electrify fleets and offer charging, potentially increasing their electricity demand and requiring infrastructure upgrades.
- •The move signals a utility-led push for electrification and load growth in the MISO region.
Topics
financingmisopolicy
Article Content
The ComEd branch of the powerful US utility Exelon has just doubled down on EV rebates and financial assistance for new charging stations. The post Leading US Utility Goes Rogue, Offers New Round Of EV Funding appeared first on CleanTechnica .