It seems like settlements can sometimes be more than beneficial. That may not be how NRG Energy Inc. feels at this point, but most of California and especially those with electric vehicles in the state would surely agree with. We will not get into the settlement details and what was the past of NRG Energy Inc. and California, but the $120 million that have been gained from it sure seem to be laying a green path towards an emission free tomorrow.
California boasts of being the leader in green technology and Electric vehicle usage in the country. The $120 million made from the settlement will be used to further enhance this claim. Governor Jerry Brown announced that 200 public fast charging stations will be installed across California using a part of this money. The remaining will be used to install wiring for 10,000 plug in units at 1,000 different spots in the State.
The decision to do this has made the makers of electric vehicles particularly happy as it breaks the age old vicious circle that comes with buying an EV. Those who want to buy one hesitate because there are never enough charging stations and the infrastructure providers hesitate to install a widespread network of charging stations because they fear there are not enough EVs on road to support it. But with the 200 new charging stations set to come up soon, you can safely invest in an electric vehicles and eliminate on road emissions.
The new fast charging stations are expected to give your vehicle a range of 50 miles in around 15 minutes of charging. You can pay for this either on the go or on a subscription basis.
Via: LAtimes
