Philadelphia-based electricity utility PECO announced June 4 that it will be rewarding customers who buy electric vehicles (EVs) or invest in EV technologies.
As part of the PECO Smart Drive Rebates program, residential and business customers who let the utility know that they’ve purchased an EV will get $50 from the utility, per vehicle.
The reward program also encourages investment in EV technologies that can make getting around town easier for EV owners.
Government, institutional and non-profit customers who install Level 2 public EV charging stations in the utility’s area will get a $1,000 incentive per unit, up to two units, to help ease installation costs.
Counties in PECO’s area will get up to $3,000 if they install a Level 2 public charging station.
“PECO Gets Charged Up About Electric Vehicles!” MarketWatch, June 4, 2012.