More than 70 investor-owned electric utilities will increase investment by an estimated $50 million per year, or $250 million over five years, to add more EVs to their fleets, starting in 2015.
National Utility Adding EVs to Fleet in Long-Term Strategy
Iberdrola USA and its subsidiaries have signed onto the Edison Electric Institute's call on utilities to expand their use of plug-in electrics. The company said it has already spent more than $4 million on fleet electrification during the last six years.
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