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USA: Fed Greenlights Biggest Electric Vehicle Charging Network

California drivers will soon be able to easily find stations to quickly charge their electric vehicles.

The federal government approved a settlement between NRG Energy and the California Public Utilities Commission (CPUC), clearing the way for a $100 million electric vehicle charging infrastructure that will stretch from San Francisco to San Diego.

NRG’s deal with CPUC lays to rest a decade-old dispute involving a subsidiary of Dynergy, a utility that was one of several power companies that overcharged California rate-payers during the state’s energy crisis.

NRG inherited the liability for the resolution in 2006 when it acquired 50% of Dynergy’s assets. The settlement approved by the Federal Energy Regulatory Commission (FERC) calls for NRG to pay $20 million for rate-payer relief and most importantly, to invest $100 million in an EV charging network across California.

The agreement paves the way for NRG’s eVgo subsidiary to install at least 200 public fast-charging EV stations in retail locations in the San Francisco Bay Area, San Joaquin Valley, Los Angeles Basin and San Diego County.
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