Nikola receives special electricity rate for hydrogen station development

By Aaron Dorman | Pinal Central

PHOENIX — Nikola Corporation came to an agreement on a special electricity rate from Arizona Public Service Co. in order to facilitate construction of hydrogen fueling stations for trucks.

According to a press release, Nikola representatives said that the planned hydrogen production facilities would be responsive to the electric grid, including reduced energy consumption during heat waves.

“Through this agreement, Nikola is assured a reliable source of electricity that will allow us to commence the development of hydrogen production facilities to serve the fueling needs of our truck customers,” said Nikola President of Energy and Commercial Pablo Koziner.

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