AmpUp Reports Successful Connecticut EV Charging Pilot, Positions Adapt Program for Nationwide Rollout

AmpUp has shared an update.

The company reported results from its three‑month Adapt pilot program in Connecticut, focused on managed electric vehicle (EV) charging and grid services. The pilot delivered over 650 charging sessions and shifted 5,450 kWh from peak to off‑peak hours, which AmpUp states was achieved at a cost of less than $0.50 per kWh—positioned as roughly three times cheaper than traditional peaker plants. The company also highlighted more than 85% participant satisfaction and noted that site hosts generated revenue with no additional administrative burden. AmpUp says the pilot has now evolved into a scalable solution ready for nationwide deployment across commercial, multifamily, and public properties.

For investors, these results suggest that AmpUp’s software-driven demand response and smart-charging platform may offer a cost-competitive alternative to conventional grid-balancing resources. Demonstrated ability to shift load reliably and maintain driver satisfaction strengthens the company’s value proposition to utilities and property owners, potentially supporting recurring revenue through utility programs and service fees. If utilities adopt such programs at scale, AmpUp could benefit from increased charger connections and higher software utilization across multiple property types. However, the financial impact will depend on the pace of utility partnerships, regulatory support for demand response compensation, and competitive dynamics within the EV charging and grid services markets. Still, a successful pilot with quantified cost advantages and user acceptance is a positive indicator for AmpUp’s growth prospects and its positioning in the broader EV infrastructure and grid-flexibility ecosystem.