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Spending 5% + On Plug-ins

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“The Edison Electric Institute (EEI) released a white paper, “Transportation Electrification: Utility Fleets Leading the Charge,” that focuses on the electric power industry’s effort to accelerate the expansion of electric transportation in commercial and retail markets, beginning with electric utility fleets. The paper encourages investor-owned electric utilities to meet an industry-wide goal to spend at least 5% of annual fleet acquisition budgets on plug-in electric vehicles (PEVs) and technologies”.

Read the White Paper HERE.

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