Joint Office White Paper Helps States Address EVSE Project Income
Aug. 20, 2024
No state or county looks the same when it comes to the associated costs and revenue from operating electric vehicle supply equipment (EVSE). However, EVSE projects funded with federal dollars are subject to regulations around income generation. To help states understand how to approach EVSE revenue, the Joint Office of Energy and Transportation (Joint Office) published a new white paper titled, “Electric Vehicle Supply Equipment and Considerations for a Reasonable Rate of Return.”
The white paper offers tips for states considering EVSE costs and revenue under the National Electric Vehicle Infrastructure (NEVI) program and other programs covered by National Electric Vehicle Infrastructure Standards and Requirements in the U.S. Code of Federal Regulations (23 CFR 680).
As zero-emission infrastructure expands and new regulations continue to unfold from local to federal levels, EVSE projects face additional complexity and opportunity. The white paper offers considerations for states, including:
- Conducting value analysis for better outcomes.
- Balancing financial viability and equity goals.
- Different options for EV charging pricing schedules.
- Promoting pricing transparency.
- Distinguishing capital costs versus operating costs.
“The Joint Office is working across federal agencies and state departments of transportation to build the knowledge and experience needed to understand the economics of EV charging,” said Gabe Klein, executive director of the Joint Office of Energy and Transportation. “This guidance in this paper is part of a larger set of tools being developed to help states understand pricing considerations and move forward with confidence in deploying convenient, reliable, and equitable EV charging stations nationwide.”
In its efforts to ensure access and ease when implementing EVSE infrastructure, the Joint Office Technical Assistance Team is dedicated to answering questions and providing resources to both states and communities implementing the technology. Because funding is critical to the success of efforts to deploy a network of EV chargers and zero-emission fueling infrastructure, the team is also prepared to answer questions related to the Charging and Fueling Infrastructure (CFI) Discretionary Grant Program and the National Electric Vehicle Infrastructure (NEVI) Formula Program, which provide dedicated funding to help support the transition to a clean transportation infrastructure.