The New York Public Service Commission has authorised utilities to spend $31.6 million (£24.48m) on deploying 1,075 electric vehicle (EV) fast chargers across the state.
The move aims to boost sales of EVs by reducing range anxiety and will see the installers recover costs from ratepayers over a seven-year period.
It aims to help achieve Governor Andrew M. Cuomo’s goal of installing 10,000 EV charging stations by the end of 2021 and having 800,000 zero-emission vehicles on the region’s roads by 2025.
The state estimates 2018’s EV sales increased by half again on 2017’s figures, with more than 43,000 EVs on the road by October.
Around a third of these were battery electric models, with the rest being plug-in hybrids.
Funds will now be allocated to the state’s six regulated utilities, which are Con Ed, Orange and Rockland Utilities, Central Hudson Gas & Electric, Niagara Mohawk Power, New York State Electric and Gas and Rochester Gas & Electric.
Commissioner Gregg C. Sayre said: “EVs, as is well known, have a chicken-and-egg problem.
“Chargers aren’t being built because there aren’t enough EVs and EVs aren’t being bought because there aren’t enough chargers. This item helps us get out of that cycle.”