Progress Energy Carolinas will own and maintain the charging equipment for the duration of the research project, which ends April 2013. Ownership and maintenance responsibilities will transfer to the commercial customers at the conclusion of the research project. The utility has also installed 150 charging stations at homes in its service area, as part of its "Plugged In" residential charging station research program.The commercial and residential charging station research programs are partly funded through a smart grid grant from the U.S. Department of Energy as part of the American Recovery and Reinvestment Act of 2009.
Progress Energy Carolinas Installs 6 Electric Vehicle Charging Stations In South Carolina
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts