electric vehicle charging carbon credits
Get more credit for hosting your EV charging station!
Are you helping reduce tailpipe emissions by hosting electric vehicle (EV) charging stations? You deserve credit for that! The Connecticut Green Bank is seeking partners for a pioneering carbon offset credit transaction backed by EV charging stations. By aggregating charging stations and leveraging our position as the nation’s first green bank, we are creating a new market for carbon offset credits while generating societal benefits at the same time.
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| Identity yourself as a leader in the EV movement | Opportunity to join a new market for carbon offset credits | Up to 30 years of revenue from carbon offset markets |
electric vehicle charging carbon credits
Get more credit for hosting your EV charging station!
Are you helping reduce tailpipe emissions by hosting electric vehicle (EV) charging stations? You deserve credit for that! The Connecticut Green Bank is seeking partners for a pioneering carbon offset credit transaction backed by EV charging stations. By aggregating charging stations and leveraging our position as the nation’s first green bank, we are creating a new market for carbon offset credits while generating societal benefits at the same time.
|
|
|
| Identity yourself as a leader in the EV movement | Opportunity to join a new market for carbon offset credits | Up to 30 years of revenue from carbon offset markets |
How does it work?
The Green Bank has developed a methodology to quantify these reductions, now accredited by Verified Carbon Standard, allowing us to generate third-party certified carbon offset credits. By accessing difficult-to-reach voluntary carbon trading markets and aggregating portfolios of EV charging stations through this new and innovative approach, the Green Bank can help you monetize these credits and generate revenue.
You’ll contact us to register your electric vehicle chargers, and we’ll estimate how many carbon credits your charging station has produced (one ton of CO2 reduction equals one carbon credit). The Green Bank takes the work out of third-party certifying these emissions reductions for you. If you get in touch with us quickly as an early mover, it also helps us secure any credits you may be eligible for since 2016, rather than just going forward.
Eligibility requirements
Anyone who owns electric vehicle chargers that are fully operational and were installed after August 2016 can participate. This program is open to participants globally.
How much revenue could my charger produce?
Across the United States, an EV charger generates an average of 4 carbon credits per year depending on the carbon intensity of your state’s electricity portfolio. The number of credits produced by a typical charging station may increase with time as the use of charging stations increases and the grid gets cleaner. This means you could earn $40-$75 per charger per year. The Green Bank will work with you to determine a revenue sharing agreement that reflects your charger’s earning potential, your preferences and transactional and administrative costs.