AVANGRID recognizes that electrifying the transportation sector is a key solution for the de-carbonization of the environment. The benefits of electric vehicles (EVs) have been well documented and many states have incorporated EVs as part of their sustainability and decarbonisation policies. In addition to the environmental benefits, increased use of EVs can improve asset utilization by increasing non-peak electricity use which has the potential to reduce electricity rates for all customers.
We invest in renewable generation resources, support advanced research for energy and smart grid innovation, promote conservation and the use of electric, hybrid or compressed natural gas vehicles, support responsible environmental policies, and seek to reduce our carbon footprint.
AVANGRID is developing a plan and road map to promote EVs to customers, and to ensure that EV infrastructure, such as charging equipment, is sufficient to meet local goals, customer needs and EV technological advances.
In October 2017, AVANGRID launched an employee EV funding campaign and is ramping up the use of EVs in its company fleet. Since 2013, Central Maine Power and the Avangrid Foundation have provided $250,000 in EV-related grants, supporting 25 charging stations and 18 EVs.