Dive Brief:
The New Jersey Board of Public Utilities (BPU) on Wednesday approved a settlement authorizing Public Service Electric and Gas (PSE&G) to invest $166 million in electric vehicle charging infrastructure, though the utility will not install or own any chargers.
The six-year make-ready program is expected to support installation of 40,000 residential chargers, 3,500 commercial chargers, and 1,000 Direct Current Fast Chargers (DCFC). PSE&G will upgrade its distribution system to support charger installation, and will pay for some customer installation costs.
PSE&G says the program will help grow transportation electrification, but environmental groups see a missed opportunity. This settlement does not match the scale and scope of investment needed to achieve New Jersey’s ambitious climate goals, Kathy Harris, clean vehicles and fuels advocate at the Natural Resources Defense Council, said in a statement.
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This blog is the third in a series exploring the state of electric vehicle policy in New Jersey. The series takes a deep dive into the transportation electrification policies New Jersey will need to meet its ambitious climate laws. Together, they explore whether New Jersey needs more ambitious transportation electrification goals
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