NRG reaching out to quell concerns in electric car charging network deal with California
Three weeks ago Gov. Jerry Brown and NRG announced a deal that is a huge step toward building the electric car charging infrastructure that California needs to meet the states environmental goals, but some electric car advocates are raising concerns and questioning whether the the deal will be good for California's electric car drivers. Late last week NRG provided a pair of documents previewing the proposed agreement between the company and the California Public Utilities Commission (CPUC). The documents answer most of the concerns and provide a glimpse into how the project is likely to progress over the next four years.
NRG's settlement deal with California breaks down to a $20 million payment to the CPUC, and a $100 million amount that will pay for a large electric car charging network. The network will be built and owned by NRG's subsidiary eVgo, a company which is already operating electric car charging stations in Texas. The documents we received from NRG's David Knox break out some of the details of how that $100 million will be allocated to different projects. However the deal is not finalized and has not been presented to the Federal Energy Regulatory Commission for approval, meaning it's possible the details will change.