PG&E to Offer Nation’s First Vehicle-To-Grid Export Rate for Commercial Electric Vehicles
October 26 2022 - 12:32PM
Business Wire
New V2G Export Rate to Accelerate EV Support of
Grid During Peak Energy Demand
Pacific Gas and Electric Company (PG&E) has received
approval to establish the nation’s first “vehicle-to-grid” (V2G)
export compensation mechanism for commercial electric vehicle (EV)
charging customers in its California service area. The V2G export
rate promotes EV adoption by providing upfront incentives to help
commercial customers offset fleet costs and delivers an innovative
solution for these vehicles to export power back to support the
grid during peak energy demand periods.
The groundbreaking settlement agreement with the Vehicle-Grid
Integration Council (VGIC), Electrify America LLC and the Public
Advocates Office at the California Public Utilities Commission
(CPUC) was adopted by the CPUC on Oct. 20, 2022. The rate is
expected to increase participation from V2G school buses and other
electric vehicles in response to near-real-time grid conditions and
will be available to charging equipment paired with stationary
energy storage systems, which can support the grid and provide
backup power to charge vehicles during grid outages.
More than 420,000 EVs have been sold in PG&E’s service area,
representing one in six EVs in the country. As large vehicles like
school buses and commercial fleets continue to electrify, the
opportunity grows for these vehicles to serve as crucial, flexible
grid resources to support a more reliable, affordable and efficient
energy system. Greater volumes of these vehicles on the road comes
at a critical time, as peak energy demand challenges California’s
grid and novel solutions like V2G emerge.
“The adoption of the nation’s first V2G export rate aligns with
our core focus of proactively preparing the grid, increasing access
to EV infrastructure, and supporting EV adoption through rates,
rebates, tools, and education,” said Aaron August, PG&E Vice
President, Utility Partnerships and Innovation.
This new export rate structure, in the nation’s largest EV
market, can serve as a guide for additional innovative rate
structures across the country. As utility regulators, state
agencies and industry partners continue to move forward with policy
and market design in this dynamic space, VGIC is committed to
advancing the role of smart EV charging and discharging through
policy development, education, outreach, and research to support
transportation and electric sector decarbonization.
“The CPUC’s decision is a strong step forward for Californians
and in support of the state’s grid, implementing the nation’s first
dynamic export rate for EV charging customers,” Ed Burgess, VGIC
Policy Director, said. “As ever-greater numbers of EVs hit the
roads, this innovative rate option will allow EV owners to further
benefit from their investment in clean transportation. Leveraging
the capability of EVs as a grid resource will help integrate more
clean energy into our power system, reduce energy bills for all
utility customers, and support California’s ambitious
decarbonization goals. We appreciate PG&E’s constructive
approach to supporting this program, and believe it serves as a
guidepost for other forward-looking energy providers to follow
across the country.”
PG&E is committed to providing easy-to-use and affordable
clean transportation programs and incentives that help redefine the
energy landscape to support California’s clean air and greenhouse
gas emission reduction goals and collective action on climate
change.
As part of PG&E’s 2030 targets, the company is aiming to
proactively prepare the grid for 12,000 GWh of EV-related electric
load and improve processes to enable rapid, safe EV energization
and interconnection. It’s also working to enable 2 million EVs to
participate in vehicle-grid integration applications, allowing EVs
to be a cornerstone of both reliability and resilience. PG&E
offers a wide variety of resources and programs to support its
commercial and residential EV customers.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE:PCG), is a combined natural gas and electric
utility serving more than 16 million people across 70,000 square
miles in Northern and Central California. For more information,
visit www.pge.com/ and http://www.pge.com/about/newsroom/.
About Vehicle-Grid Integration Council
Vehicle Grid Integration Council (VGIC) is a national 501(c)(6)
membership-based advocacy group committed to advancing the role of
EVs and flexible EV charging and discharging through policy
development, education, outreach, and research. VGIC members and
supporters include American Honda Motor Co., Inc., Customized
Energy Solutions, dcbel, Enel X North America, Inc., Engie NA,
Fermata Energy, FlexCharging, FLO EV Charging, Ford Motor Company,
FreeWire Technologies, Inc., General Motors, Kaluza, Nissan Group
of North America, Nuvve Holding Corporation, Sacramento Municipal
Utility District, Stellantis, Sunrun, Switch EV Ltd, The Mobility
House, Toyota Motor North America, Inc., Veloce Energy, Inc.,
Wallbox USA Inc., and WeaveGrid. Visit www.vgicouncil.org.
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