California Grants a Three-Year Break on Daytime Electricity
As Battery Busmaker Trumpets $23 Million Investment Round
The California Public Utilities Commission has granted a three-year reprieve on the daytime electricity rates paid by transit agencies with battery electric vehicles, following petitions by Proterra and Southern California Edison. The ruling means that Southern California’s Foothill Transit will pay about 15¢ per kilowatt-hour instead of 40¢ to charge its Proterra buses, and an onerous monthly demand charge will be eliminated.
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