Peco starts electric-vehicle incentives

Peco Energy Co. on Tuesday is launching incentives for residential and business customers who invest in new electric vehicle technology.

The Philadelphia utility will pay residential and business customers $50 per car just for letting Peco know they have an electric vehicle, so the company can make sure its system is prepared to meet any increased demand for power.

Peco will also pay government, institutional and non-profit customers 1,000 for each public charger they install and will pay counties up to $3,000 to install a public charging station in each of the counties Peco serves.

The rebates are for Level 2 chargers, which operate on 240-volt circuits and can charge a vehicle for up to 20 miles of range in an hour.

For more information visit www.peco.com/SmartIdeas.