Lime Energy Powers Electric Vehicles
Lime Energy Co. (Nasdaq: LIME) announced today completion of the design and installation of 90 electric vehicle charging stations in four states.
Under the $2 million contract awarded earlier this year. Lime completed stations for a fleet of electric delivery vehicles in California, Connecticut, Massachusetts and New York. "As a leader in energy efficiency design and implementation, Lime embraced the opportunity to provide a solution for electric vehicles that utilized our expertise in emerging smart grid technology," said Jim Smith, Executive Vice President of Operations.
The benefits of utilizing electric vehicles continue to accrue in today's marketplace. Along with state and federal grants, electric vehicles offer reduced annual maintenance costs, more favorable utility rates, and integrated controls. One-third of US greenhouse gas emissions come from the transportation sector, and switching vehicles from liquid fuels to the electric grid will have a dramatic impact on emission reduction goals.
