New Power Company Subsidiary to Help Fleets Go Electric

Charlotte, North Carolina-based Duke Energy has created a new subsidiary to help large businesses and municipalities with planning, financing, acquisition, and deployment services to electrify their fleets.

eTransEnergy will provide unregulated services to assist school districts, transit services, and companies across the U.S. achieve their economic and sustainability goals as they transition to clean energy transportation options, according to a news release from the power company.

In particular, the company aims to be a comprehensive source for transitioning commercial fleets to electric vehicles (EVs). 

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

eTransEnergy professionals offer many years of combined experience working with commercial electric fleets, managing total cost of ownership, and maintaining the supporting infrastructure, according to Duke Energy. Customers will benefit from this knowledge through infrastructure planning, smart charging technology, onsite solar energy generation, battery backup options, and other aspects of EV fleet management.

“We understand the unique needs of fleet operators and our goal is to simplify the complex process of scaled electric fleet adoption,” said Greg Fields, managing director for eTransEnergy.

eTransEnergy works with commercial electric original equipment manufacturers (OEMs) to provide customers with access to the vehicle that best meets their needs. In addition, and to support the sustainable growth of distributed technologies such as EVs, Duke Energy works in all its service areas to strengthen and improve the electric grid. And now, with eTransEnergy services available across North America, Duke Energy will work with local utilities to support updates to the energy grid and other infrastructure as needed.

Learn more about eTransEnergy.

Duke Energy has pledged to convert 100% of its nearly 4,000 light-duty vehicles to electric and 50% of its approximately 6,000 combined fleet of medium-duty, heavy-duty and off-road vehicles to EVs, plug-in hybrids, or other zero-carbon alternatives by 2030.

Get more information on Duke Energy’s climate strategy.

To help spur EV adoption, Duke Energy is launching several pilot programs that deliver a more expansive charging infrastructure throughout its service territories. In Florida, the company’s pilot is off the ground with over 570 charging stations nearing completion. The power company has reportedly also received approvals for pilots in North Carolina and South Carolina as well and has a proposal pending in Ohio.