July 26th, 2011

A CU Charge You’ll Like

New Electric Vehicle Charging Station at SMCU-Side ViewIf you have an electric vehicle (EV) or are thinking about getting one, Seattle Metropolitan Credit Union has great news. Last week, SMCU installed an EV charging station in the parking garage of its Downtown branch. The 208-volt, 30-amp charger is able to charge two plug-in EVs at the same time.

SMCU is the first credit union in Washington to offer this service. SMCU Vice-President and Chief Information Officer, Don Rudolph, explained why this was the right thing to do for SMCU.

“We’ve installed an electric-car charging station at SMCU to encourage others in the business community to take the lead in moving us to cleaner, more sustainable modes of transportation. With over 78 years as a local financial institution, we have a lot at stake in the future of our region, and we want to make a difference.”

To encourage people to use SMCU charging stations, Rudolph announced that there would be no charging fee through the end of 2011. Regular parking rates will apply, however.

More consumers are opting for EVs.

Electric vehicles and charging stations are becoming more commonplace. With two auto manufacturers, Nissan and Chevrolet, already selling their mass-market electric vehicles to the public and the Tesla Roadster available for the performance-minded EV shopper, the electric-vehicle craze is building steam. Nissan, in particular, expects to sell between 10,000 and 12,000 units of its Leaf EV in 2011 and more in 2012.

Even the State of Washington is getting into the EV-charging game. Just two weeks ago the Washington State Department of Transportation announced that it would be installing nine charging stations along the I-5 corridor in the next six months. WSDOT predicts that there will be as many as 300,000 electric vehicles roaming Washington’s streets and highways in the next decade.

Two more reasons to consider an EV

The federal government is offering a tax credit for EVs purchased in 2010 or later. The credit can be as much as $7,500, depending on the size of the battery powering the car.

SMCU was one of the first financial institutions to offer discounts for “green” vehicles, so we know about financing these special types of cars. If you are in the market for a hybrid or electric vehicle, stop by an SMCU branch or visit www.smcu.com and let SMCU help you get plugged into the perfect loan.

One Response

  1. Tim T. says:

    An electric charging station in the parking garage is a great idea. Thanks for instailing it.
    Tim Trohimovich