Utilities will continue to play a key role in the future of EVs, as they revamp and manage the grids that support continued electrification. This process is not without challenges, however — as utilities know all too well, load balancing to handle spikes in charger usage will be an ongoing process, and the more distributed nature of the grid will require infrastructure upgrades and the use of creative rate structures.
Making public charging successful has long-term benefits for utilities, so now is the time to invest in the right strategies. “It’s not just residents of a utility’s service area using public chargers — it’s non-residents too, so these broaden the customer base,” says Frank Fata, Utilities Senior Director at FLO, a leading provider of EV charging solutions.
At this crucial moment, utilities should be keeping an eye on developments across the energy and automotive sectors to ensure they bring their expertise to the ongoing EV transition.
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