According to the National Environmental Defense Fund, it’s only been “a year since the Inflation Reduction Act (IRA) was signed into law, [and] this historic climate legislation has already led to $278 billion in private investment that will support more than 170,000 clean energy jobs across the country.
McKinsey estimates over $95B of EV charging investment through 2030 to provide over 1.2M new public charging locations. According to Enerlogics’ President and Co-founder, Scott Ameduri, “EV Charging can have a significant impact on both consumption and demand, with corresponding cost impacts to the host facility.”
Don Wingate, Vice President of Sales, Strategic Customers & Solutions at Schneider Electric, hosted this episode of our energy savings webinar series. He gave a specific example involving an auto manufacturer in Michigan who recently experienced a 2 minute shut-down due to a power outage. This cost the organization several millions of dollars in energy consumption as well as lost productivity while they still paid their employees.