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Austin Energy Receives $15 Million Grant for EV Charging Stations

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Electric vehicle charging station in Austin

News Summary

Austin has been awarded a $15 million federal grant to enhance its electric vehicle charging infrastructure. The funding aims to install 37,000 new charging stations over the next 15 years, significantly expanding the city’s public EV charging capabilities. This initiative follows a trend of increasing public charging stations in Texas and supports Austin’s climate goals. The project will prioritize equity by placing charging ports in underserved areas. With the combined funding, Austin Energy is set to improve accessibility to electric vehicle charging and boost the local EV market.

Austin Energy Gets a Boost with $15 Million Grant for EV Charging Stations

In a bid to supercharge the electric vehicle (EV) movement in Austin, the city has been granted a fabulous $15 million from the federal government. This is thrilling news for both residents and the planet! The funding is part of a larger push to help create a cleaner, greener transportation system and will significantly expand Austin’s electric vehicle charging infrastructure.

A Growing Landscape of Charging Stations

Over the last four years, the number of public EV charging stations in Texas has more than doubled. Excitingly, there are now around 4,000 stations across the state, featuring more than 11,000 charging ports. This increase is largely thanks to federal funds enacted during the Obama and Biden administrations. But there’s a slight hiccup—disbursements from the current administration have noticeably slowed.

Across the United States, there are over 75,000 public EV charging stations and more than 200,000 hookups. Yet, according to a report from the National Renewable Energy Laboratory, we will need approximately 1.2 million public chargers nationwide by 2030 to keep up with growing EV sales. Without adequate charging infrastructure, many potential buyers are hesitant to take the plunge and go electric.

Austin’s Ambitious Plans

Austin’s charging plans are ambitious, aiming to install a whopping 37,000 charging stations over the next 15 years to meet the city’s climate goals. While electric vehicle sales are climbing, they have not reached the expected levels yet, so this expansion could be just the motivation consumers need. As it stands, Austin Energy currently operates around 1,500 Level 2 charging ports and 30 DC fast chargers, but this federal funding will allow for a significant expansion to better meet demand.

How Will the Money Be Used?

The recent $15 million in federal funding comes from the 2021 Bipartisan Infrastructure Law and is specifically earmarked for installing new publicly accessible EV charging ports. It’s fantastic to note that this funding will be matched with an additional $3.75 million in local funds, bringing the total investment for this project to an impressive $18.75 million.

The plan involves a mix of Direct Current Fast Charger (DCFC) ports, which can juice up your vehicle quickly, alongside more traditional Level 2 charging ports strategically placed throughout the city. Fast chargers can fill an EV battery to 80% in just 20 minutes to an hour, while Level 2 chargers take several hours—usually between 4 to 10 hours.

Embracing an Inclusive Approach

Austin’s initiative is also focused on equity. The plan includes prioritizing the installation of charging ports in historically underserved areas, including public schools, community centers, libraries, and parks. This approach not only promotes electric vehicle use but also ensures that all residents have access to this clean technology.

Charging at Austin Energy’s network will be friendly to your wallet too, with Level 2 chargers priced at just $0.09 per kWh, roughly a penny per minute. What’s even better is that all public EV charging in Austin is powered by renewable energy!

Looking Ahead

As Austin aims to electrify 40% of its vehicle miles by 2030, the city’s plans for EV infrastructure are more crucial than ever. With initiatives like these, it’s clear that Austin is not only cheering for electric vehicles but is taking action to ensure they become a vibrant part of the city’s future.

With this new federal funding, coupled with local investment, Austin may become a leading light in the electric vehicle revolution, paving the way for a cleaner, greener city for years to come!

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Additional Resources

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Author: HERE Austin

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