Consumers looking for opportunities to plug into alternative energy options are now more than ever turning to electric vehicles (EVs), with demand skyrocketing 26 percent nationally last year alone. The benefits of EV technology are clear: increased energy security, lower costs, and less emissions. And New Jersey consumers are no exception in seeking out this clean and affordable transportation option that will help improve public health and protect the state’s environment.
Atlantic City Electric recently filed a plan with the New Jersey Board of Public Utilities proposing a $14.9 million suite of EV programs. These programs would expand EV charging infrastructure, provide reduced rates for charging, and support initiatives that help advance the increase of EVs in the transportation sector across southern New Jersey.
“Our customers are demonstrating their interest in electric vehicles and other alternative energy technologies,” said Susan Coan, Atlantic City Electric region vice president. “As an energy leader, we play a key role in helping advance these technologies and providing our customers with options on how and when they use energy.”
Edison Electric Institute and the Institute for Electric Innovation released a report last year projecting that more than seven million EVs will be on the road by 2025. The report also says more than five million charging ports will be needed to keep EVs charged and running.
As the energy provider responsible for efficiently delivering power and managing the energy grid across southern New Jersey, it is critical that Atlantic City Electric, an Exelon company, is involved from start to finish in the region’s planning and deployment of electric vehicle infrastructure. We are committed to helping our state expand its electric vehicle market and advancing technologies that promote sustainable solutions and drive a 21st century economy.