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ConEd Offering Managed EV Charging Rewards Program To Commercial Customers
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Con Edison said that it is launching a, "first-of-its-kind managed charging rewards program for commercial charging station operators."
"Building on the success of Con Edison’s SmartCharge New York managed charging rewards program, which is focused on personal drivers, the new SmartCharge Commercial offers operators of eligible commercial charging stations, including public, workplace, multifamily, retail and fleet sites, financial rewards for charging overnight and for avoiding charging when the local demand for power is high," ConEd said
"Con Edison will pay up to $194 million the next three years to site hosts to foster this grid-beneficial charging as the state and region transition to cleaner transportation," the company said
SmartCharge Commercial includes an incentive of
$0.03 per kWh for charging from 12 (midnight) to 8 a.m. EST [sic] all days, year-round
SmartCharge Commercial also includes peak avoidance incentives as follows (every kW avoided relative to its nameplate):
-- $10 per kW for not charging during the network peak between June and September.
-- $2 per kW for not charging during the network peak between October and May.
* Different neighborhoods peak during different times, info is provided on ConEd's website for the program
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February 14, 2024
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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