California utilities will invest nearly $768 million in transportation electrification projects across the state, as a part of its 2030 goal for clean air and greenhouse gas reduction.
The California Public Utilities Commission (CPUC) approved on Thursday setting up charging stations and infrastructure to support electric passenger vehicles and trucks. The utilities initially asked for $1 billion to implement the projects.
The program, which will be implemented over the next five years, will provide rebates to residents for installing EV charging stations at their homes and will also set up infrastructure at several sites to support the electrification of medium- or heavy-duty vehicles.
The funding includes $136 million by San Diego Gas & Electric Co. to provide rebates for as many as 60,000 customers to install home charging stations.
Pacific Gas & Electric will build 230 direct current fast-charging stations, for a total of nearly $22.5 million. And PG&E and Southern California Edison will spend a combined $580 million to support the electrification of almost 15,000 medium- and heavy-duty vehicles including transit and school buses, semi-trucks, forklifts and cargo equipment at ports.