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Our support for installation of over 12,200 EV charging plugs is helping New York State meet CLCPA goals.
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Currently totaling 30 MW, our battery storage projects are part of the groundwork needed for an affordable energy transition.
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We avoided over 4.4 billion liters of fugitive methane emissions through our gas main leak repair programs.
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As of year-end 2024, about 40% of our light-duty fleet is Electric Vehicles (EV). Through purchasing only EVs for needed replacements and new additions to our light-duty fleet, we expect 80% of our light-duty fleet to be EVs by 2030 and 100% EVs by 2035. We are also pursuing clean-power solutions for our medium- and heavy-duty vehicles. In 2024, we added a second all-electric bucket truck to the fleet and purchased a Class-8 all-electric crane truck.
To be sure our EV trucks always have access to the energy they need, we purchased mobile charging trailers, which we will deploy in the field as needed.
Facilitating adoption of EVs is part of our Clean Energy Commitment in support of New York State reaching its clean transportation goals. We are thus investing in EV infrastructure that facilitates the installation of EV chargers, and their integration with the grid, for all types of electric vehicles throughout our service area.
Our infrastructure programs are authorized by the PSC to invest up to $720 million in customer incentives with the goal of supporting the connection of about 26,000 EV charging plugs to the grid through at least 2025. Our PowerReady programs provide incentives to connect to the grid by constructing new public and private charging stations for cars, trucks, and buses, as well as micromobility devices (e.g., e-bikes and scooters) in a variety of locations. The goal of this program is to support the buildout of EV charging across our service area to provide confidence to our customers to make a switch to EVs. Our programs have supported installation of over 520 direct-current fast-charging plugs, representing a two-fold increase since 2021, and over 11,700 Level 2 charging plugs, representing a six-fold increase since construction on the program’s first plugs began in 2020.5
We offer a suite of programs that facilitate integration of new EV chargers with the grid. Our SmartCharge New York program offers incentives to encourage EV drivers to charge at off-peak times to reduce demand on our grid. In 2024, we launched SmartCharge Commercial, the first charger-based, commercially managed charging program in the US; it encourages station operators to reduce their demand on the grid during peak times. We also launched SmartCharge Tech in 2024 to provide EV charging station developers with incentives for load management technologies, such as batteries and software. As of the end of 2024, close to 25% of EV car drivers in CECONY’s service territory and over 40% of EV car drivers in O&R’s service territory are enrolled in SmartCharge New York.
Our demonstration projects exemplify how we are innovating in the clean transportation space through strategic partnerships. We worked with New York City Department of Transportation and an EV charging developer to install 100 curbside public EV chargers across New York City. We are also partnering with a school bus services provider to introduce 12 electric school buses in Brooklyn, New York. This project will test cost-saving bus charging infrastructure and load management technologies associated with electrifying truck and bus fleets.
We are also updating our planning processes and forecasts to meet the increasing energy demand resulting from more EV charging. As the number of EV users increases so does the load on our system; buildout of our grid to support these increases, however, can take years, while customers can install EV charging stations in a few months. To address this timing mismatch, we proposed nine grid infrastructure projects to the PSC. These projects will bring electricity to areas we identified as EV charging hot spots and will additionally support customers wishing to pursue electrification of their buildings. In collaboration with other New York State utilities, we proposed a long-term Proactive Planning Framework to support grid readiness for transportation, building, and industrial electrification.
While building our grid infrastructure requires a significant investment, we expect positive returns to accrue to customers over time. For example, we are anticipating incremental revenues from residential, commercial, and public EV charging stations resulting from rapid and widespread adoption of EVs that, over time, can offset some or all the costs our customers pay for the infrastructure buildout. Our investments also: 1) meet our customers’ vehicle charging preferences; 2) reduce GHG emissions from vehicles in our service territory; 3) provide our employees new opportunities in an emerging sector; and 4) help New York State meet its clean transportation and GHG reduction goals.
[5] At the time of the 2020 Order, there were about 230 DCFC plugs and 1,700 L2 plugs installed in the service territory.
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