Madison Gas and Electric is seeking State regulatory approval for the Commercial EV Charging Allowance (CEVCA) program. The program would provide revenue-based allowances for electric vehicle (EV) charging infrastructure at commercial customer sites.
Commercial customers who install EV charging would receive a revenue-based allowance of $300 per kilowatt paid in two installments. If approved, the program is designed to benefit all MGE customers because the incremental load created through increased EV adoption will expand the base through which utility costs are spread.