The California Public Utilities Commission (CPUC) voted unanimously to allow electric vehicle charging station companies to sell power without being considered a public utility. Coulomb participated in the proceeding was quoted in the final decision:
“According to Coulomb, only this outcome will enable a market that will encourage competitive market forces to bring benefits to consumers and ensure rapid deployment of the charging infrastructure. Coulomb argues that by treating a charging station as competitive access to the grid as opposed to being a regulated utility, the Commission can foster competition in the nascent infrastructure marketplace and help facilitate rapid deployment.”
The decision not only sets a competitive framework for the California market, but will set an important precedent for other key states and a national policy around this issue.
“This outcome will encourage competitive market forces to bring benefits to consumers and ensure rapid deployment of the charging infrastructure,” said Richard Lowenthal CEO of Coulomb Technologies. “We applaud the decision as it not only enables a competitive framework for the California market, but will set an important precedent for other key states and for the nation.”
Read the rest of the Coulomb Press Release here: http://www.coulombtech.com/pr/news-press-releases-2010-0730.php
Tags: cpuc
