CHARLOTTE, NC - Duke Energy (NYSE:DUK) has introduced a new program in North Carolina aimed at easing the transition to electric vehicles (EVs) by offering customers the option to lease EV chargers for a monthly fee. This program, known as the Charger Solution, provides a variety of charger solutions for both residential and non-residential customers, covering hardware, warranty, and maintenance costs.
The Charger Solution program, which was approved by the North Carolina Utilities Commission in August, is designed for customers looking to avoid the initial purchase cost of an EV charger. Residential customers can rent a Level 2 charger for about $14 per month over a three-year term, capable of fully recharging an all-electric vehicle within eight to ten hours. Non-residential options, which cater to businesses and multifamily dwellings, include diverse rental terms and aim to enhance reliability and efficiency by managing charger maintenance.
Kendal Bowman, Duke Energy North Carolina president, stated that the company is preparing for the EV transition as customer interest grows. "By offering a variety of charger solutions, we hope our customers feel confident that they have a choice to fit their needs, with the reassurance they can rely on our expertise for maintenance," Bowman said.
The Charger Solution program supports North Carolina's clean energy goals, which include having 1.25 million EVs on the road by 2030. It complements Duke Energy's existing Charger Prep Credit program, which has helped over 6,000 North Carolinians prepare for Level 2 chargers by offering a credit to offset the cost of upgrading electrical infrastructure.
Additionally, Duke Energy launched a 12-month EV charging subscription pilot program last September, the Home Charging Plan, which is currently closed to new enrollments. This pilot allows the company to manage the grid more effectively by shifting charging times to when clean energy is more readily available.
Duke Energy (NYSE:DUK), a Fortune 150 company, is actively pursuing regulatory approval for similar programs across its service areas. It currently has 17 active and approved EV programs with two pending approval.
This initiative is part of Duke Energy's broader efforts to transition to clean energy, with goals to achieve net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The information in this article is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.