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Rancho Palos Verdes council directs staff to study Level 3 EV chargers, privatization and pricing assumptions
Summary
After a two-hour discussion about costs and utilization, council voted to ask staff to return with data on Level 3 upgrade costs, utilization assumptions, benchmarking of peer subsidies, conduit limitations and privatization options for Ladera Linda EV charging.
Rancho Palos Verdes city council voted Jan. 20 to direct staff to refine the analysis of electric-vehicle charging at Ladera Linda Community Park and to return with options focused on Level 3 (fast) charging and alternative delivery models.
Staff presented a cost-of-service study showing the city’s existing grant (Department of Energy equipment rebate voucher, up to $76,370) covers charging equipment but not electrical upgrades. Staff’s revised estimate, using a 50% utilization assumption for seven Level 2 chargers, produced a full-cost recovery rate of 63¢ per kilowatt-hour; staff noted Matrix Consulting’s original model assumed 100% utilization and…
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