Duke Energy proposes $76-million EV program in North Carolina

Duke Energy has proposed a three-year, $76-million program to support EV adoption in North Carolina. The proposal includes funding for the adoption of electric school buses, electric public transportation, and almost 2,500 new charging stations.

The company is awaiting approval from the North Carolina Utilities Commission. If approved, the program will provide the following:

  • Residential EV Charging – a $1,000 rebate for Level 2 charging stations for up to 800 residential customers
  • Public Charging – installation of more than 800 public charging stations, including DC Fast Charging, public Level 2 and multifamily locations
  • Fleet EV Charging – a $2,500 rebate for 900 qualifying charging stations
  • EV School Buses – financial support to procure up to 85 electric school buses. Duke will install the charging infrastructure.
  • EV Transit Bus Charging Stations – installation of more than 100 electric transit bus charging stations for transit agencies

Duke proposed a $10.4-million EV program in South Carolina last year.

Lang Reynolds, Director of Duke’s electrification strategy, said, “North Carolina deserves a cleaner and smarter energy future, and supporting the use of electric transportation is a Duke Energy priority that will benefit our communities, customers, and our state’s future. This initiative will help accelerate public and private EV use while also reducing carbon emissions.”

 

Source: Duke Energy