The largest obstacle that keeps millions of drivers from making the switch to plug-in vehicles is not price, nor performance, nor the availability of an EV that meets their needs. It’s “range anxiety,’’ the fear of running out of power before reaching a place to plug in.
PSE&G has an answer. New Jersey’s largest utility received approval on Jan. 27 to invest $166 million in universal electric vehicle charging infrastructure designed to bring EV chargers to communities across the state. It’s part of PSE&G’s Clean Energy Future initiative, a vision that also includes funding for energy efficiency, smart electric meters and a proposal to build energy storage systems.
Making EV charging readily available is key to encouraging more people to drive electric. PSE&G’s EV investments will support the infrastructure for about 40,000 EV chargers at single-family homes, as well as Level 2 charging equipment at multifamily buildings, government facilities and at public accessible parking lots, and fast chargers along high-traffic corridors such as the New Jersey Turnpike and Garden State Parkway.
The program is expected to avoid 14 million metric tons of carbon dioxide emissions through 2035, helping the state achieve its emission reduction goals while creating approximately 270 direct jobs.
By curbing emissions from traditional gasoline combustion engines, EVs are good for the climate and for public health. And by reducing dependence on foreign fuel supplies, electric vehicles provide a boost to the U.S. economy.
EVs can provide big benefits for New Jersey. Building out the state’s EV charging infrastructure will put New Jersey on track to become a front-runner in transportation electrification and help the state reach its environmental policy goals.
By reducing vehicle emissions through the electrification of its own fleet, PSEG hopes to set an example for others. As part of its plan to reduce carbon emissions, the company is working to convert all of its passenger vehicles, such as sedans and SUVs, 60% of its medium duty vehicles and 90% of its heavy duty vehicles by 2030 to battery electric vehicles, plug-in hybrids or anti-idle job site work systems.
PSE&G already boasts a network of workplace charging stations and has partnered with EVgo to install public EV charging stations at several rest stops along the New Jersey Turnpike and Garden State Parkway.