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Funding for Contact Energy and OptiFleet project

Fuseworks Media
Fuseworks Media

Contact Energy has formed a partnership with consultancy business OptiFleet to help commercial and industrial customers convert their fleets to electric and to support large scale charging infrastructure.

The project is one of several approved for Government funding under round five of the Low Emission Vehicles Contestable Fund. Energy Minister Megan Woods announced the funding today, which will see recipients share more than $4.3 million of Government co-funding - the largest amount made available so far. The fund is one of several initiatives in the Government’s Electric Vehicles Programme. It is administered by the Energy Efficiency and Conservation Authority (EECA).

Donnamarie Edwards, Contact Energy’s Commercial and Industrial Manager said the project was part of Contact’s drive to make sustainability achievable for its customers.

"We are pleased to receive this boost from the government and EECA and are happy that we could team up with OptiFleet to make fleet conversion a reality for our customers."

"We have a list of customers who have indicated they are keen to participate in the programme and we will be urging them to take advantage of this opportunity."

Jack Gordon-Crosby, Managing Director of OptiFleet, said the EECA funding was a welcome relief for customers wanting to invest in gaining insights into fleet asset management and utilisation studies allowing a business to make well educated decisions regarding fleet electrification. "Data science allows true identification of fleet utilisation and highlights where an EV can be truly fit for purpose".

Contact Energy’s Head of Capital Markets and Tax Louise Tong said the scheme made sense as many companies were realising that changes needed to be made to transition away from fossil fuels.

"We have identified an opportunity to achieve scale electrification by reducing the barriers for converting our customers’ fleets and supporting large scale charging infrastructure."

"It also will have the flow-on benefit of making second hand EV ownership more accessible and affordable to the public."

Customers chosen for the scheme will receive contributions from the fund for GPS costs, fleet utilisation costs, procurement fees for Electric Vehicles and consultancy fees for infrastructure installation.

Contact Energy’s Head of Sustainability Kaapua Smith said this project was one of many things the company was doing to help decarbonise New Zealand’s energy sector.

"As an energy company we've supported our customers to trial EVs, access energy audits and more, we've also benefited from our own suppliers helping us to reduce emissions by providing data, insights from our own experience, and other low-carbon solutions."

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