Rexel Energy Solutions and ChargeLab help Canadian businesses save 50% on EV charger installations through ZEVIP [Yahoo! Finance]
REXEL SA UNSP/ADR (RXEEY)
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Source: Yahoo! Finance
TORONTO Aug. 1, 2024 /CNW/ -- Rexel Energy Solutions (RES, a department of Nedco) and ChargeLab have partnered to help Canadian businesses secure grant funding for up to 50% of the costs associated with purchasing and installing new electric vehicle chargers. This funding is available through the Zero Emission Vehicle Infrastructure Program (ZEVIP), administered by Natural Resources Canada. Applications for ZEVIP opened on July 2, 2024 , and will close on September 19, 2024 . This is the first round of ZEVIP funding available to EV charger owners and operators since 2022. Eligible applicants include any Canadian business, utility, municipality, condo corporation, or other site host installing at least 2 DC fast chargers or at least 20 Level 2 chargers. Grant funding is limited to 50% of total project costs, with a maximum of $5 million per organization. Rexel Energy Solutions is the turnkey department of Nedco, one of Canada's largest electrical wholesale suppliers. RES specializ
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