El Paso Electric's Transportation Electrification Plan Approved By NMPRC
The Electric Company | Source: El Paso Electric | Posted 04/03/2024
EL PASO, Texas – El Paso Electric (EPE) is excited to announce the New Mexico Public Regulation Commission’s (NMPRC) approval of its a Transportation Electrification Plan (TEP) for the years 2024-2026. This landmark decision paves the way for a comprehensive suite of programs and initiatives aimed at significantly increasing electric vehicle (EV) adoption and infrastructure development across New Mexico, marking a significant milestone in the state’s journey towards sustainable transportation.
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El Paso Electric (EPE) has received approval from the New Mexico Public Regulation Commission (NMPRC) for its Transportation Electrification Plan (TEP) for 2024-2026. This decision marks a significant milestone in promoting electric vehicle (EV) adoption and infrastructure development across New Mexico, with initiatives to incentivize homeowners, businesses, and public entities to transition to EVs and install charging infrastructure.
The approved TEP includes various programs such as residential initiatives like the EV Smart Rewards NM Program, commercial incentives like the PowerConnect NM Program, new construction rebate programs like the EV-Ready Homes Program, and a partnership research program aimed at implementing advanced electrification solutions. The plan also introduces rate options for public charging stations to make EV charging more cost-effective for consumers, showcasing EPE's commitment to environmental leadership and a sustainable future through the facilitation of electric transportation.
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Source Link: https://www.epelectric.com/company/news/el-paso-electrics-transportation-electrification-plan-approved-by-nmprc
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