Posted: | May 12, 2023 12:57 PM |
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From: | Representative Joe Ciresi |
To: | All House members |
Subject: | Expanding C-PACE to Include Electric Vehicle Charging Infrastructure |
Electric vehicles (EVs) are becoming increasingly common each year, with over 2 million electric vehicles on the road nationwide in 2021 and projections anticipating that electric vehicles could reach 40-50 percent of total passenger car sales by 2030. As this trend continues, businesses are increasingly looking to provide access to EV charging at their locations, as a way of attracting customers or as a benefit to their employees. Pennsylvania’s Property-Assessed Clean Energy program (C-PACE), since it was created by Act 30 of 2018, has facilitated over $250 million in investments in energy efficiency, clean energy, conservation, and other projects by connecting property owners with long-term financing. In participating counties, the C-PACE program drives these investments entirely through private capital, not imposing any financial burden on the Commonwealth or local governments. We can connect the growing demand for electric vehicle charging infrastructure with the successful funding mechanism already in place in the C-PACE program. That is why I am introducing legislation that would add electric vehicle charging infrastructure projects as an eligible project type under the C-PACE program. This expansion, which several other states have recently passed, would help businesses that want to make these types of investments and continue our progress in developing statewide electric vehicle charging infrastructure. This legislation is supported by the Electrification Coalition. I hope you will join me in co-sponsoring this expansion of a successful program to meet a growing need for our state’s businesses and drivers. |
Introduced as HB1474