PSE&G Incentives Employees’ Electric Cars

by | Jul 23, 2014

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PSE&G has launched a program to encourage New Jersey businesses to provide employees with electric car charging at work by providing smart charging equipment for about 150 cars.

Charging stations will be given out on a first come, first serve basis to companies that secure a commitment from a minimum of five employees that they will use an electric car for their commute.

The program aims to foster greater adoption of electric cars, which would help to improve the state’s air quality, help companies achieve sustainability targets and reduce costs for employees, the New Jersey utility says.

PSE&G will provide the charging systems for free. Participating workplaces will need to install the units and pay for the electricity. PSE&G will own the charging systems and collect usage data to better understand the impact of workplace charging on electric demand and the electric delivery system.

Liberty Access Technologies will provide the Hydra data collection system.

The incentive is available only to companies located in PSE&G’s electric service territory. Companies interested in more information on the program can contact PSE&G at: [email protected].

PSEG also released data on the first year of operations of its own employee electric car incentive program launched one year ago, including:

  • The 13 employees in the program are estimated to have driven 120,000 miles on electric commuting to and from work in the first 12 months of the program.
  • The participants are estimated to have saved 5,300 gallons of gas and avoided spending nearly $19,000 on gas just on their commute.
  • By commuting on electric, it is estimated that the program helped avoid 50 to 60 tons of CO2 being released into the air as well as reduced particulate, SOx and NOx emissions in communities through the state.

Employees in the PSEG workforce program bought/leased a range of cars including the Chevy Volt, Nissan Leaf, Honda Fit, Ford C-MAX Energia, Toyota Prius plug-in and Tesla.

The US electric vehicle level two charging station market will grow from $67 million to $947 million by 2020, fueled by President Obama’s target of 1 million EVs on the road by 2015, according to research by GlobalData published last week.

 

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