Natural Resources Defense Fund<\/a> issued a statement\u00a0 saying, “This marks the nation\u2019s single largest investment by the electric industry to eat away at Big Oil\u2019s longtime monopoly over transportation fuels.\u00a0Diverting billions of gasoline and diesel fuel dollars that would otherwise go to oil companies can help lower transportation fuel bills — and also utility bills because electric vehicles can be charged when there is spare capacity in the electric grid. This spreads the costs of maintaining the grid over more sales, putting downward pressure on electric rates to the benefit of all utility customers.”<\/p>\nNot everyone was thrilled by the new program. Since much of the money will come from surcharges on electricity bills, organizations representing customers voiced their concerns. The natural gas industry also went on record opposing the plan.\u00a0 PUC commissioner Carla Peterman acknowledged those disagreements and praised the compromises that went into devising the final programs.<\/p>\n
\u201cThis range of opinions is not surprising. This is a new space. There is uncertainty regarding cost and impacts and what models are most appropriate for charging. But I appreciate everyone coming together to figure out how to put together a reasonable portfolio,\u201d she said at a PUC meeting in San Francisco. “I think the proposed decision overall is consistent with our guidance and balances well these competing aims of accelerating EV adoption, enabling competition, reducing cost and being sustainable and fair investments for EV drivers and ratepayers.\u201d<\/p>\n
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The California PUC has approved a massive new plan that will see almost $400 million invested in electrifying transportation in the state, especially for medium and heavy duty trucks. 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