AEP, Dominion Energy, Duke Energy, Entergy, Southern Company and TVA Plan to Add Electric Vehicle Fast Chargers to Connect Gulf Coast, Midwest and Atlantic State Destinations

Rhea-AI Summary

On March 2, 2021, six major utilities, including Dominion Energy, announced the formation of the Electric Highway Coalition. This initiative aims to create a seamless network of DC fast chargers for electric vehicles (EVs) across significant U.S. regions. The coalition plans charging station installations to facilitate long-distance EV travel, addressing common concerns about charging access. The Edison Electric Institute forecasts 18 million EVs on U.S. roads by 2030, highlighting the growing demand for convenient charging solutions.

Positive

• Formation of the Electric Highway Coalition to enhance EV charging accessibility.
• Strategic partnerships aimed at providing seamless EV travel across major highways.
• Commitment to reduce carbon emissions through electrification and EV adoption.

Negative

• None.

RICHMOND, Va., March 2, 2021 /PRNewswire/ -- Six major utilities today announced a plan to ensure that electric vehicle (EV) drivers have access to a seamless network of charging stations connecting major highway systems from the Atlantic Coast, through the Midwest and South, and into the Gulf and Central Plains regions.

The Electric Highway Coalition – made up of American Electric Power, Dominion Energy, Duke Energy, Entergy Corporation, Southern Co., and the Tennessee Valley Authority – announced a plan to enable EV drivers seamless travel across major regions of the country through a network of DC fast chargers for EVs. The companies are each taking steps to provide EV charging solutions within their service territories. This represents an unprecedented effort to offer convenient EV charging options across different company territories and allow EV travel without interruption.

The Edison Electric Institute estimates 18 million EVs will be on U.S. roads by 2030. While many drivers recognize the benefits of driving an EV, such as the ease of low-cost home charging, some are concerned with the availability of charging stations during long road trips. With efforts like the Electric Highway Coalition, electric companies are demonstrating to customers that EVs are a smart choice for driving around town, as well as traveling long distances.

This effort will provide drivers with effective, efficient, and convenient charging options that enable long-distance EV travel. Sites along major highway routes with easy highway access and amenities for travelers are being considered as coalition members work to determine final charging station locations. Charging stations will provide DC fast chargers that are capable of getting drivers back on the road in approximately 20-30 minutes.

"Dominion Energy is committed to equitable and reliable charging access so our customers may experience the benefits of electric transportation, including reduced carbon emissions," said Robert M. Blue, president and chief executive officer at Dominion Energy. "We're excited to collaborate with our utility partners on this important initiative to connect customers to charging resources and encourage electric vehicle travel."   

Dominion Energy is working to reduce carbon emissions and helping customers do the same. Transportation is the largest source of carbon emissions in the United States. Electrification plays a vital role in reducing emissions and improving air quality. The company is supporting the adoption of electric vehicles in the following ways: 

• Providing rebates for electric vehicle charging. The Smart Charging Infrastructure Pilot Program supports EV adoption in Virginia and will inform the design of managed charging programs and other EV customer offerings in the future.
• Helping public transportation go green. Electric transit buses in South Carolina and Virginia will be powered by Dominion Energy through partnerships with the Charleston Area Regional Transportation Authority (CARTA) and Hampton Roads Transit. Dominion Energy played an instrumental role in placing six electric buses in service in 2020 with CARTA, South Carolina's largest public transportation provider. The CARTA fleet of electric public buses is expected to grow to a total of 12 by the end of 2021, 32 by mid-2022, with eventual plans to convert the entire fleet of more than 120 buses to electric – all charging on Dominion Energy's grid.
• Helping electric vehicle owners save money when they charge at off-peak times. Virginia customers who have smart meters will be eligible to enroll in a newly approved time-varying rate that will give them more control over their electric bill. The rate incentivizes customers to do certain tasks – such as charge their electric vehicle – at times of the day when demand for electricity is low.
• Greening the company's fleet. Dominion Energy is reducing emissions from its light duty vehicle fleet by investing in electric and plug-in hybrid vehicles. Additionally, the company is installing electric vehicle charging at its office locations and has incentives for employees who want to purchase an electric vehicle.
• Debuting an electric, self-driving shuttle that makes a loop between the Dunn Loring Metro Station and Mosaic District in Fairfax, Va. The project is the first state-funded test of autonomous public transportation in Virginia and is in partnership with Fairfax County.

To learn more about electric transportation, visit Dominion Energy's Virginia EV website and South Carolina EV website.   

About Dominion Energy
More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.

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SOURCE Dominion Energy

FAQ

What is the Electric Highway Coalition announced by Dominion Energy and other utilities?

The Electric Highway Coalition is a collaboration between six major utilities, including Dominion Energy, aimed at creating a seamless network of electric vehicle charging stations across major U.S. regions.

How will the Electric Highway Coalition affect electric vehicle drivers?

The coalition plans to provide DC fast chargers that enable efficient long-distance travel for electric vehicle drivers, addressing charging access concerns.

What are the goals for electric vehicle adoption by 2030 in the U.S.?

The Edison Electric Institute estimates that 18 million electric vehicles will be on U.S. roads by 2030, indicating a significant shift towards EV adoption.

How is Dominion Energy contributing to electric vehicle infrastructure?

Dominion Energy is working to provide rebates for electric vehicle charging, support electric public transportation, and implement time-varying rates to encourage off-peak charging.