LA Metro will hire a consultant to develop a plan to convert its remaining 168 bus routes to zero-emission buses.
Putting more electric vehicles on the road is key to solving several existential problems for utilities. California utilities are battling many familiar issues facing the sector nationwide: stagnant load growth, flat power sales and increasing penetration of renewable energy.
EV growth could help resolve those issues. In addition to growing power demand, electric vehicles can be used for demand response programs and avoid costly infrastructure upgrades. It’s also another money-making opportunity. Utilities have proposed to ratebase charger systems, and can collect a rate of return on these projects.
SCE filed plans in January to expand its electric vehicle infrastructure system, planning to spend $553.8 million on a five-year charging buildout. The plan includes a pilot program in which SCE will install electric charging infrastructure behind-the-meter and provide a rebate toward installing these stations.