10 May '12, 5pm

PG&E's new EV proposal lays groundwork for $1-per-gallon fuel

PG&E's new EV proposal lays groundwork for $1-per-gallon fuel

[Editor's note: PG&E's new yet-to-be-approved rate proposal could significantly reduce the cost to charge electric vehicles in its Northern California territory, giving corporate fleet owners in the area another reason to consider EVs -- a lower, more predictable fuel cost over which they can assume greater control by optimizing charging conditions. Meanwhile, companies like Schneider, ABB and Siemens are bringing quick chargers to the market for when customers can't wait eight hours to charge up.] Yesterday, the biggest electric utility in California, the largest car market in the country, took an important step to give drivers access to a cleaner fuel that's roughly the equivalent of buck-a-gallon gasoline . Pacific Gas & Electric (PG&E) has submitted a proposal for new and improved rate plans that encourage electric car drivers to charge when there's plenty of spare cap...

Full article: http://www.greenbiz.com/blog/2012/05/10/pges-new-ev-propo...

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New PG&E electric vehicle proposal – 1$ per gallon of fuel

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