JCP&L incentives help offset costs of
preparations for charger installation
HOLMDEL,
N.J., Sept. 10, 2024 /PRNewswire/ -- Jersey
Central Power & Light (JCP&L), a subsidiary of FirstEnergy
Corp. (NYSE: FE), has relaunched its EV Driven residential electric
vehicle charging incentives after maxing out customer participation
in 2023. The incentives cover the cost of preparation work that
customers are required to complete before an EV charger can be
installed.
JCP&L's EV Driven is a four-year program, approved by
the New Jersey Board of Public Utilities (BPU) in 2022, to
provide incentives for electric vehicle charging infrastructure
across the company's service area. This program was implemented to
help benefit the state's environment by reducing auto
emissions.
The residential incentive portion of JCP&L's $39.8 million EV Driven program closed in
September 2023, just 14 months after
the program opened in July 2022,
after all available incentives were awarded. The program's
reopening comes after the BPU recently authorized reallocating
$4.1 million from non-residential
portions of the EV Driven program.
Doug Mokoid, FirstEnergy's
President, New Jersey:
"New Jersey is a top-five state
nationally for electric vehicle sales, and we are excited to make
it easier for JCP&L customers to prepare their properties for
at-home EV charging. The success of the initial round of incentives
shows just how valuable these are for our customers."
JCP&L customers may be eligible for up to $7,000 in incentives to prepare their property
for EV charger installation, including:
- Up to $1,500 for customer
electrical upgrades required to install a qualified Level Two
electric vehicle charger.
- Up to $5,500 in utility upgrades,
such as new poles, transformers and service wires, necessary to
support the chargers.
Beyond the incentives for preparation work, additional bill
credit incentives are available to encourage off-peak-hours
charging.
Customers can find more information about the program and
apply for incentives at jcp-l.com/evdriven.
Electric vehicles offer a clean, efficient alternative to
gasoline-powered vehicles, averaging as low as one-third the
cost-per-mile of gasoline. Depending on the battery capacity, EV
driving range can vary from about 80 miles up to 280 miles.
New Jersey's Energy Master Plan
calls for an increase in electric vehicle adoption to reduce
greenhouse gas emissions. According to the U.S. Department of
Energy, the transportation sector is the largest source of
greenhouse gas emissions in the state, accounting for 46% of the
state's net emissions.
JCP&L serves 1.1 million customers in the counties of
Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union
and Warren. Follow JCP&L on X,
formerly known as Twitter, @JCP_L, on Facebook at
facebook.com/JCPandL or online at jcp-l.com.
FirstEnergy is dedicated to integrity, safety, reliability and
operational excellence. Its electric distribution companies form
one of the nation's largest investor-owned electric systems,
serving customers in Ohio,
Pennsylvania, New Jersey, West
Virginia, Maryland and
New York. The company's
transmission subsidiaries operate approximately 24,000 miles of
transmission lines that connect the Midwest and Mid-Atlantic
regions. Follow FirstEnergy on X @FirstEnergyCorp or
online at firstenergycorp.com.
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SOURCE FirstEnergy Corp.