1/11/2024 0 Comments Power utility commercial options![]() Signatories include California, Colorado, Connecticut, Hawaii, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington. Fifteen states also recently signed a multistate agreement focused on increasing ZEVs in the medium- and heavy-duty sector. Building off of a 2014 ZEV action plan committing to 3.3 million ZEVs on the road by 2025, nine states developed a ZEV action plan for 2018-2021 focused on increasing consumer awareness and incentives, building out infrastructure and vehicle dealership training, among other initiatives. Other multistate agreements offer support for the deployment of electric vehicles. Other states like Minnesota, New Mexico, and Nevada are also working through the regulatory process and may soon adopt California’s standards as well. Washington, which had previously been a LEV-only state, enacted legislation in 2020 directing state regulators to adopt the ZEV standards the rulemaking process began in June 2021. Virginia enacted legislation in March 2021 to adopt California’s ZEV and LEV program and standards. To date, at least 13 states-California, Colorado, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island, Virginia, Vermont, and Washington-plus the District of Columbia have adopted California’s low-emission vehicle (LEV) and zero-emission vehicle (ZEV) standards requiring manufacturers to sell a certain number of ZEVs per year. Additional incentives include electric charging infrastructure tax credits, research project grants, alternative fuel technology loans, and lead-by-example initiatives like zero-emission vehicle (ZEV) requirements for government fleets.Ĭomprehensive state regulatory policies that often include adoption of California’s Advanced Clean Car Program also help drive EV adoption. ![]() ![]() For example, Colorado offers a $4,000 tax credit through 2021 on the purchase of light-duty EVs, and Connecticut allows for a reduced biennial vehicle registration fee of $38 for EVs. Several states have implemented financial incentives, including tax credits, rebates and registration fee reductions designed to promote EV adoption. Other utilities incentivize purchasing EVs and equipment through rebates. For example, several electric utilities offer lower off-peak price per kilowatt-hour. One of the most common incentives is price reductions for charging EVs during off-peak hours. Utilities also offer incentives, rebates, and grants for transportation electrification. Legislative incentives include measures that provide high-occupancy vehicle (HOV) lane exemptions, financial incentives for purchasing electric vehicles or electric vehicle supply equipment (EVSE), vehicle inspections or emissions test exemptions, parking incentives and utility rate reductions. today.Īs of July 2021, at least 47 states and the District of Columbia offer incentives to support deployment of EVs or alternative fuel vehicles and supporting infrastructure, either through state legislation or private utility incentives within the state. There are more than 43,000 public charging station locations in the U.S. State and federal policymakers along with utilities and private industry are working rapidly to expand charging station infrastructure. ![]() As the number of EVs on our nation’s roads grows so does the need for affordable, convenient charging stations. in 2019 and data compiled by Argonne National Lab shows the EV market share and model availability both have increased in recent years. Roughly 320,000 new EVs were sold in the U.S. follows China and Europe with the world’s third-largest electric vehicle market. To accomplish this, many states have implemented incentives to promote the adoption of electric vehicles (EVs), including plug-in hybrid vehicles (PHEVs) and battery electric vehicles (BEVs). Although motivations among state policymakers vary, many states are working to diversify the transportation sector fuel mix and drive down emissions by encouraging the use of alternative fuels, including electricity, natural gas, hydrogen and biofuels. The transportation sector also is the leading source of greenhouse gas emissions (GHGs) in the U.S., accounting for 29% of the nation’s GHGs. Energy Information Administration, about 90% of the energy consumed in U.S. Transportation electrification has gained significant momentum in recent years, with policymakers playing a pivotal role in state efforts to transform the transportation sector.Īccording to the U.S. ![]()
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