PECO Offers EV Incentives

On June 4, 2012, Philadelphia’s PECO Energy Co. announced some new incentives for business and residential customers who invest in new electric vehicle technology.

The utility will offer these customers $50 per car for just letting PECO know that they have an electric car. The information will help PECO make sure that its system is ready to meet any increased power demand.

Additionally, government, institutional and non-profit customers will be eligible for a $1000 payment for every Level 2 charger that they install. The company will also pay counties up to $3000 to install a Level 2 public charging station in each of the counties PECO serves.

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