Pacific Gas and Electric Co. (PG&E), a subsidiary of PG&E Corp., one of the largest combined natural gas and electric energy companies in the U.S., has launched the new Clean Fuel Rebate for residential, electric customers who are electric vehicle (EV) drivers.
According to PG&E, the new rebate is part of California’s statewide Low Carbon Fuel Standard initiative, which aims to reduce transportation-related greenhouse-gas emissions by encouraging the adoption of clean fuels, such as electricity.
The company says each mile driven today using electricity reduces vehicle-related greenhouse-gas emissions by nearly 70% compared with gasoline-powered cars.
Notably, the electricity fueling EVs in California comes from one of the cleanest energy mixes in the country; PG&E says that it delivers more than 58% of electricity to customers from greenhouse-gas-free resources.
“Electric vehicles are a critical part of creating cleaner air and meeting ambitious climate goals in California. Administering this rebate is part of our ongoing commitment to electric vehicles by supporting our more than 100,000 customers who are adopting clean fuels to significantly reduce their environmental impact and support the state’s clean energy future,” says Aaron Johnson, PG&E vice president of customer energy solutions.
Key facts about the Clean Fuel Rebate include the following:
- What is the rebate? The Clean Fuel Rebate is a one-time rebate of $500 starting in January. For using electricity as a clean transportation fuel, eligible EV owners can receive one rebate per owned or leased EV.
- Where does the money for the rebate come from? By participating in the statewide Low Carbon Fuel Standard program, PG&E generates credits for the clean electricity it provides to customers who charge their EVs at home. After selling these credits to regulated parties, PG&E returns the revenue to customers driving EVs through the new Clean Fuel Rebate.
- Who can apply? PG&E residential customers with active electric service who own or lease a battery EV or plug-in hybrid EV can apply for the rebate. A PG&E account holder may also apply on behalf of a vehicle owner in his or her household or a tenant in a multi-unit dwelling with the vehicle owner’s permission. Community Choice Aggregation customers are also eligible to apply.
Because the Clean Fuel Rebate comes from a statewide program, residents who have electric service from another provider in California may be eligible for a similar rebate from their electric utility.
PG&E says it is partnering with EV charging companies to further EV adoption by building out charging infrastructure across northern and central California. This program focuses on extending charging access to places where it has traditionally been limited, including workplaces, multi-unit dwellings and disadvantaged communities.
PG&E notes that customers can choose from rates that are equivalent to about $1.00 per gallon of gasoline for overnight charging. For more, click here.