The transition to plug-in electric vehicles (PEV) promises numerous economic and environmental benefits to consumers and society at large. Despite these broadly shared benefits, however, PEV adoption rates continue to be hampered by insufficient consumer education and awareness, suboptimal charging rate design, and inadequate charging infrastructure. Electric utilities are well-positioned to accelerate market transformation and pave the way to widespread transportation electrification. Potential utility roles include conducting outreach and education, investing in public and private charging infrastructure, and providing incentives and rate designs that help manage electric vehicle charging demand and lower energy bills for customers. This whitepaper is a resource for Northeast and Mid-Atlantic policymakers and stakeholders on the status of the PEV market, market barriers, and the potential role of electric utilities in transportation electrification programs.
A summary of the report is available here.