New York injects $5 million into Charge Ready initiative


The New York State government has announced a $5 million investment to accelerate rollout of electric vehicle charging infrastructure.

The funding will be issued by the New York Energy Research and Development Authority via the Charge Ready NY initiative.

The aim is to increase EV chargers for public use by installing at workplaces, office buildings, multi-family apartment buildings and public locations such as theaters, malls, parks and retail locations.

A $4,000 rebate will be offered to install level 2 chargers, which provide up to 25 miles of electric range for each hour they are charging.

Public parking lots must have at least ten parking spaces and be open to the general public at least 12 hours per day for at least five days per week.

Workplaces must have at least ten parking spaces that primarily serve a minimum of 15 employees who work at or near the lot.

Multi-unit housing must have at least eight parking spaces that primarily serve a building with five or more housing units.

The funding supports Governor’s Cuomo’s sustainability goals to reduce Greenhouse Gas Emissions by 40% by 2030 and install at least 10,000 charging stations across New York by the end of 2021.

Since launch in 2013, the Charge NY initiative has set a target to have 30,000 to 40,000 electric cars on the road by the end of 2018.

“We’re expanding access to electric vehicle charging stations and investing in installation initiatives to promote electric vehicle use,” Lieutenant Governor Kathy Hochul said.
Chairman of Energy and Finance for New York Richard Kauffman said, “Governor Cuomo is building a comprehensive electric vehicle and charging infrastructure across the state to support the electrification of the transportation sector — the biggest emitter of carbon than any other industry.”