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PG&E Announces Two Major Electric Vehicle Initiatives At The White House With Senior Administration Officials

MORE THAN 70 INVESTOR-OWNED ELECTRIC UTILITIES COMMIT TO INCREASING INVESTMENT IN CLEAN ELECTRIC VEHICLE FLEETS NATIONWIDE


News provided by

Pacific Gas and Electric Company (PG&E)

Nov 18, 2014, 03:05 ET

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WASHINGTON, Nov. 18, 2014 /PRNewswire/ -- During a White House event today, U.S. Department of Energy Secretary Ernest Moniz, Counselor to the President John Podesta, PG&E Corporation Chairman and CEO Tony Earley, and Edison Electric Institute (EEI) President Tom Kuhn announced two electric power industry initiatives to further commercialize electric transportation technologies. As part of an industry commitment to electric vehicles and clean energy, more than 70 investor-owned electric utilities will increase investment by an estimated $50 million per year, or $250 million over 5 years, to add more electric vehicles to their fleets starting in 2015.

"The commitment we're announcing today isn't just about purchasing more vehicles, and it's not just about utilities," said Earley. "It's about encouraging clean energy innovation, growing the marketplace for electric drive technologies and positioning our country—and our customers—to take full advantage of the incredible opportunity that electrification represents."

The initiatives and the vehicle unveiling are part of a broad industry effort to accelerate the adoption of PEVs and technologies by utilities. A white paper released by EEI in June titled, "Transportation Electrification: Utility Fleets Leading the Charge," offers a road map for a long-term, coordinated effort to further spur the development of electric vehicle technologies in the transportation market. The effort is led by EEI's Electric Transportation Task Force, which is co-chaired by Tony Earley and Portland General Electric CEO and President Jim Piro.

Pacific Gas and Electric Company (PG&E) also unveiled the utility industry's first plug-in electric hybrid drivetrain Class 5 bucket trucks at the event. The truck, developed by PG&E in partnership with Efficient Drivetrains Incorporated (EDI), features up to 40 miles all-electric range and "electrifies" all onboard equipment including the boom, eliminating the need to idle the truck engines while at job sites.

PG&E operates the nation's greenest utility fleet, including nearly 1,500 electric and electric-hybrid vehicles and a total of 3,500 alternative-fuel vehicles.

PG&E and EEI also announced a new Employee Adoption and Education Initiative to encourage EEI member utilities to participate in the Department of Energy's Workplace Charging Challenge and to help drive PEV adoption among utility employees.

"We are pleased that the Administration recognizes the unprecedented effort and commitment by our industry to lead by example and to drive innovations in the electric transportation market," said EEI President Tom Kuhn. "Advancing plug-in electric vehicles and technologies is an industry priority, and we are proud to undertake our new initiative to encourage PEV adoption among our more than 500,000 employees. Through these combined efforts, we look forward to continuing to work with the Administration to build on the current successes of the electric transportation market and to accelerate deployment even further."

PG&E partnered with EDI and Altec Industries, both based in Dixon, Calif., to develop the vehicle, which was designed, built and tested in the heart of California at EDI's plant in Dixon. This vehicle will reduce emissions by up to 80 percent compared to conventional fuel vehicles. PG&E estimates that each EDI truck will save the utility over 850 gallons of fuel per year.

PG&E is committed to enhancing economic vitality in its service area, which is why the utility has partnered with these two local companies to develop the most technologically advanced vehicles in the industry.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation's cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com/ and www.pge.com/en/about/newsroom/index.page/.

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SOURCE Pacific Gas and Electric Company (PG&E)

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