So, Wilmington is "going green", again. And yet again it's in a totally minor and mostly symbolic way. Yet even so, it's still going to cost you.
City Council may allow Progress Energy to install and maintain two electric vehicle charging stations in the Market St. parking deck. Progress Energy will cover installation and maintenance costs for two years, at which time responsibility could, and probably would, switch over to Wilmington.
Wilmington will only supposedly pay for the electricity for people to charge their cars, an estimated $10 a year. This, of course, could be totally off the mark, and subsidizing this type of thing, which is already heavily subsidized, is not the role of government. Additionally, Wilmington will have to take out liability insurance with a cap of about $4M.
But that's not the real kicker. The kicker is that the money for installation and maintenance isn't really coming from Progress Energy. They apparently have gotten a Federal grant for this.
From the contract:
With respect to any marketing efforts including but not limited to logos, stickers, decals or signage made a part of equipment purchased or infrastructure established; or any printed materials or other marketing and/or outreach materials, activities, or web sites created under this Agreement, Host agrees: i) to consider erecting qualifying signage identifying the EVSE as “being funded by the American Recovery and Reinvestment Act;”You're paying coming and going. Don't you love the new definition of "capitalism"?