Funds Coming for Electric Vehicle Charging Stations in New Jersey
A popular grant program to help finance electric vehicle charging stations at private sector businesses has new funding.
The state already has a grant program, It Pay$ to Plug In, which provides grants to businesses and other organizations of up to $6,000 per charging station for chargers in public places, workplaces and multi-family homes. To date, DEP has awarded nearly $850,000 for 186 charging stations, mostly at workplaces.
One new source of funding comes from the legal settlement with Volkswagen over its emissions cheating scandal. New Jersey’s share is $72 million. A significant portion of it would go toward installing new charging stations and replacing older vehicles with electric ones.