The following is a news release from Car Charging Group, Inc. RetailEnergyX.com disclaims any responsibility for the content of the release below, and makes no averment as to its accuracy or statements

MIAMI BEACH, Fla., Oct. 14, 2014 -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging" or the "Company"), the largest owner, operator, and provider of electric vehicle (EV) charging services, announced that the Public Utility Commission of the State of Pennsylvania will permit owners and operators of EV charging stations to implement kilowatt hour ("kWh") pricing within the state. Pennsylvania joins various other states in which kWh pricing policies are permitted including New York, California, Colorado, Florida, Hawaii, Illinois, Maryland, Minnesota, Oregon, Virginia, and Washington.

"We applaud the Pennsylvania Public Utility Commission for their decision to permit per kWh pricing given that it is both practical and appropriate," said Michael D. Farkas, CarCharging's Founder and Chief Executive Officer. "Pricing by kilowatt hour is the fairest, and most attractive, method by which consumers can charge their cars, as it directly ties with the electricity consumed. We believe states which accept this methodology are leading the way in supporting cleaner, more environmentally-friendly transportation alternatives for decades to come."

This decision provides for a fee structure that more closely resembles the current per-gallon pricing for traditional motor vehicles. Utilizing time-based cost structures for EV charging services can be inequitable given the varying rates at which electric cars charge.

Beginning today, CarCharging will extend its per kWh pricing structure to its more than 140 EV charging stations in Pennsylvania, including several on the PA turnpike and in major cities such as Pittsburgh and Philadelphia.

Tags:
CarCharging   Pennsylvania   EVs   Electric Vehicles  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
'Tentative' Pa. Order Would Cancel Licenses Of Two Retail Suppliers, Several Brokers
'Tentative' Pa. Order Would Cancel Licenses Of Active Retail Supplier, Brokers
Former Pa. PUC Chair Cawley Recommends Banning, Or 'Reducing' Reliance On, Door-to-Door Sales
Tentative Order Would Cancel Licenses Of 3 Retail Suppliers, 7 Brokers
Federal Court Rules Pennsylvania Business Closure, Stay At Home Orders Are Unconstitutional