FL: Utilities project 22-fold EV increase by 2025


Florida’s major electric utilities have filed long-term plans indicating that they expect to serve 336,000 electric vehicles by the end of 2025. At the end of 2015, a total of only 15,261 EVs were operating in the service territories of FPL, Duke Energy, TECO, Gulf Power, JEA, Orlando Utilities Commission (OUC), and City of Tallahassee Utilities. That figure represents only 0.077% of the 19.7 million vehicles currently registered in Florida. If the seven utilities reach their combined projections, EVs will account for 2% of Florida’s registered vehicles by the end of 2025.

Gulf Power, as part of its current general rate case, is seeking approval of a depreciation schedule for EV chargers to allow it to purchase, install and support behind-the-meter EV chargers at customers’ locations.

Note: EQ Research has launched a new service — EVs, Please!™ — to help businesses stay on top of state regulatory developments that impact EVs and EV infrastructure. EVs, Please!™ covers new dockets initiated at public utility commissions in all 50 U.S. states, providing digests of state and utility proposals that could impact EV markets. Please contact us at info@eq-research.com for pricing and samples.