The investment in electric vehicles includes an initial $100,000 investment in FY 2020 and an additional $200,000 investment over the FY 2021-2024 period. The investment is appropriated through the city's Transportation Department, which is currently slated to receive over $123 million in capital investment over the next five years. Although that sum is sixth-most among municipal agencies, the Transportation Department receives less investment than the Department of Parks and Recreation and the Boston Public Library. The Department of Environment is receiving even less investment−just over $61 million over the next five years. Every public dollar spent is a choice, and the city's current Capital Plan does not sufficiently prioritize fleet electrification to meet the Climate Action Plan goals.
Although many of the city's car-centric transportation investments are worthwhile measures to improve the safety of the city's roadways, there is still a striking lack of investment in electric vehicles. Of the Transportation Department's 30 capital investment projects, just one is related to electric vehicles.
Currently, the city is investing in Level 2 electric vehicle chargers, which are more powerful and more durable than the Level 1 chargers used by the typical electric vehicle user. In addition to installation costs, which can range from $80,000 to $100,000 per site, the equipment for each electric vehicle charging site can cost up to $6,000. As a result, building 1,800 additional charging stations will cost the city approximately $21.6 million, or $2.16 million per year. This level of spending is 35 times higher than what the city currently invests in electric vehicles. Still, it is less than 0.01% of the city's 10-year budget.