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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PG&E Corporation | NYSE:PCG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.28 | 1.64% | 17.39 | 17.49 | 17.10 | 17.11 | 15,263,263 | 23:42:32 |
Company Supports Broader EV Adoption with Clean Transportation Programs and Customer Incentives
In recognition of National Drive Electric Week (Sept. 23 - Oct. 2, 2022), Pacific Gas and Electric Company (PG&E) is encouraging customers to drive electric, promoting electric vehicle (EV) programs and resources available to customers, and sharing its progress to prepare the grid for widespread EV adoption in support of California’s clean air and climate goals.
Currently, one in six electric vehicles in the nation plugs into PG&E’s grid, or about 330,000 EVs. As part of the 2030 targets outlined in PG&E’s Climate Strategy Report released earlier this year, the company is preparing the grid to quickly and safely power at least 3 million EVs—or about 12,000 GWh of EV-related electric load. PG&E is also working to enable 2 million of those EVs to participate in vehicle-grid integration applications, allowing EVs to be a cornerstone of both reliability and climate resilience.
“We take great pride in the role PG&E is playing to lead the way on clean transportation. The orchestration of EVs is the key to an affordable, reliable and resilient energy future for Californians. We are proactively investing to prepare the grid for this future, and we’re supporting customers at every step of the EV ownership journey by increasing access to charging infrastructure and offering rate options, rebates, tools and education,” said Aaron August, PG&E Vice President, Utility Partnerships & Innovation.
How PG&E is Supporting California’s EV Future
To unleash the full potential of EVs for customers, PG&E is accelerating equitable EV adoption by:
PG&E is also deploying cost-efficient, targeted customer programs to accelerate equitable EV adoption with the aim to:
“We’re excited to collaborate with the broader EV ecosystem of vehicle manufacturers, supply equipment providers and others to create robust marketplaces where many can thrive. We have a Memorandum of Understanding with industry, government, and labor leaders to accelerate ‘vehicle-to-everything’ technologies, and we will continue engaging with coalitions to advocate for policy and regulatory positions that enable accelerated and equitable EV adoption, market integration and customer affordability,” said August.
Local EV Events Coming Soon
PG&E will be participating in multiple EV-focused events in the coming weeks to help educate customers regarding EVs and answer any questions regarding EV adoption:
EV Customer Programs and Incentives
PG&E offers a variety of tools and resources to help educate customers regarding EV ownership. Customers are invited to check out PG&E’s EV Savings Calculator, an online resource to browse vehicles, discover incentives, compare rate plans and locate charging stations. PG&E also offers an EV Checklist to help customers get started on the path to EV ownership.
PG&E is preparing to launch additional EV buying and charging programs in the coming months. Current programs available include:
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220928006008/en/
MEDIA RELATIONS: 415-973-5930
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