EVs & Storage

“We rolled out 100 publicly accessible stations across the five boroughs. The utilization of curbside chargers has exceeded our expectations. Already the system average is 35% and increasing, with some stations exceeding 50% utilization. New York City has targets to bring 1,000 plugs to the curb by 2025, and 10,000 by 2030.”

“A lot of it is asking the customers, when you’re thinking about purchasing an EV, or installing charging, both residential and commercial, let us know so we can be a resource and understand what the load impacts are to the grid. We’re continuing to get smarter there, as well as using internal data scientists and analytics teams to start to track that. It’s still evolving.”

“We have EV specialists who will advise you on charging station options, get that charger installed, and provide a $500 rebate – $1,000 if you’re income-qualified – to cover the cost. We make sure you are taking advantage of our off-peak charging rate and introduce you to other energy- and cost-saving programs.”

“It’s a little hard to quantify, but a goal on my end is making sure it’s a little fun or at least engaging for the customer to charge the EV at the time we need them to and providing them with enough value that they don’t mind delaying their charging, such that the electric demand hits our systems when it is optimal.”

“AEIC members throughout North America are responding to these challenges by leveraging government funding and incentives for upgrading the grid to meet the projected future demand for electricity to power EVs and to build out the vehicle charging network. These efforts are also supported by robust consumer education and engagement campaigns.”

“I am asked all the time, 'If we go to all electric vehicles, won’t it break the grid?' The answer is yes, if we do nothing, but it can be the solution to the grid if we do this right.”

“For EVs to become a resource rather than a challenge to grid stability, we urgently need to see coordinated plans for grid expansion and enhancement, as well as digital technologies for two-way communications and pricing between EVs and grids.”

PUF presents two companies driving the EV revolution. EY Americas has experts focused on collaboration across the ecosystem and helping clients embrace EV adoption. Fermata Energy was founded with intentions of accelerating the adoption of electric vehicles and the transition to renewable energy.

“On fleet transition studies, we’ve been looking at sites in terms of how we best engineer electric vehicle charging infrastructure. We approach this from a perspective that considers changes behind the meter, impacts we are going to create on the grid side, and upgrades to incorporate on the grid.”

“We’re working within the confines of customers already using their auto OEM app or Level two charger app. We’re not requiring them to download another app.”