The V2G export rate will assist in EV adoption and provide upfront incentives to help commercial customers offset fleet costs.
The innovative solution will allow the company’s fleet vehicles to export power back during peak energy demand periods to support the grid.
PG&E’s service area includes more than 420,000 EVs, and as the number grows, the opportunity grows for these vehicles to serve as a flexible grid resource to support a more reliable, affordable, and efficient energy system. With more electric vehicles becoming available on the road, solutions like V2G can help stabilize California’s grid during times of peak energy.
“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.