Pacific Gas & Electric will invest $100 million to purchase battery-electric vehicles and gasoline-electric hybrids over the next five years to reduce fuel costs and lower emissions, the nation’s largest utility announced Oct. 15. The company now dedicates about 15% of its fleet budget to plug-in electric technology, which far exceeds the five-year industry average of 1.7%, according to the utility. With the $100 million commitment, the utility will add more than 750 plug-in electric units to its fleet of more than 14,000 vehicles.
