Duke Energy launches eTransEnergy subsidiary to help businesses, cities electrify fleets

Published on February 03, 2021 by Chris Galford

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A new subsidiary of Duke Energy, eTransEnergy LLC, officially debuted this week to offer unregulated services to aid schools, transit services and large businesses in the United States with all aspects of fleet electrification.

Planning, financing, acquisition, and deployment are all on the agenda to guarantee that even as these organizations shift toward sustainability, they can meet their own economic goals as well. In theory, this collaboration could also allow for lowered risks associated with ownership and operations. Fueling this, eTransEnergy will offer comprehensive infrastructure planning, smart charging technology, on-site solar energy generation, battery backup options, and other endeavors.

“Electrifying vehicles represents an incredible opportunity for our customers and communities to reduce carbon emissions,” Doug Esamann, executive vice president of energy solutions for Duke Energy, said. “Through eTransEnergy, we’re offering a low-risk, realistic solution for customers to transform their fleets.”

The new subsidiary also builds on Duke’s internal conversion pledge to convert all of its light-duty vehicles to electric and 50 percent of its medium-duty, heavy-duty, and off-road vehicles to electric vehicles, plug-in hybrids, or other zero carbon alternatives by 2030. It also intends to launch several pilot programs to expand charging infrastructure.

In the case of eTransEnergy, though, the company will work with commercial electric original equipment manufacturers to pair customers with the vehicles that best meet their unique needs. At the same time, its parent company will push improvements to the electric grid in its service areas and work with local utilities to further support updates to the grid and other infrastructure.