Moon Five Technologies, a clean energy startup, has received a $3.4 million grant from the California Energy Commission (CEC) to install more than 450 electric vehicle (EV) chargers at multifamily housing sites in Los Angeles and San Francisco. The funding, awarded under the REACH 3.0 program, aims to improve access to charging infrastructure in disadvantaged communities.
The company’s renter-focused charging model, known as Horizon, connects directly to a tenant’s electrical meter, reducing costs and avoiding the lengthy utility upgrades often associated with EV charging installations. Moon Five says the process can be completed in as little as two weeks.
“EV charging has never really been built for renters until now,” said Stephan Ng, CEO of Moon Five Technologies. “Our unique model puts renters first, making it possible to install reliable, affordable charging without costly upgrades or utility delays.”
Moon Five is partnering with nonprofit housing providers in Los Angeles and the Bay Area to prioritize installations in high-need areas. The chargers will also incorporate the company’s proprietary energy management system and bidirectional-ready design, allowing for load balancing and future grid integration.
Carleen Cullen, co-founder and executive director at Cool the Earth, a partner organization, said: “Accessible EV charging is critical if we want families to be part of the clean transportation future, but too often renters are left without options. Moon Five’s renter-first approach changes that equation.”