BOMA/Chicago Proposes $30 Million Fund for Electric Vehicle Charging Stations
BOMA/Chicago has filed three rounds of testimony and multiple briefs with the Illinois Commerce Commission (ICC) to propose a combined $30 million in funding to support the installation of electric vehicle (EV) charging stations in commercial office buildings in Chicago. The proposal would allocate funds from ComEd's Beneficial Electrification Plan to pay for make-ready infrastructure in building member garages over a three-year period. "Make-ready infrastructure" means the electrical service required from the building's ComEd vault or electrical panel to the charging station.
ComEd filed its Beneficial Electrification Plan with the ICC in July 2022 as required by the Climate and Equitable Jobs Act (CEJA), which was passed in 2021. The Beneficial Electrification Plan focuses on incentives for EVs and EV chargers, and outlines ComEd spending of $100 million each year for three years.
BOMA/Chicago is an active party in the case; other parties include representatives from the Attorney General, the City of Chicago, the State of Illinois, environmental groups, residential and industrial consumer representatives and business entities and associations. Being an active party provides BOMA/Chicago the opportunity to pursue incentive funding from the plan to support electrification efforts in downtown commercial office buildings. The results of this case will be known by the end of March 2023.