The Federal Energy Regulatory Commission has approved a settlement between the California Public Utilities Commission and a New Jersey energy company, clearing the way for construction of 200 electric vehicle charging stations throughout the state.
By terms of the settlement with the PUC, Princeton, N.J.-NRG Energy's eVgo subsidiary said it would pay $20 million to the state and spend another $100 million to build the charging stations.
NRG was one of several energy companies that overcharged Californians during the energy crisis a decade ago, and the settlement represented what officials called the final chapter in a years-long litigation process. Critics of the settlement claimed that NRG got off too easy and that the state was actually shuttling business to a company that had gouged California during the energy crunch.
The fee-based eVgo charging network will include the San Joaquin Valley, the Bay Area, the Los Angeles area and San Diego County.
Read more Wednesday in The Sacramento Bee and at Sacbee.com.
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