CHARGING WISELY - Making the Right Decision When to Charge and What it Should Cost

Public Charging Station Deciding when to charge your new EV is a personal decision dependent upon your individual schedule. Just like a traditional internal combustion vehicle needs to be fueled, your EV needs to be charged to keep it running. Only this refueling you get to do at home, without the mess, odor or high cost! Soon you’ll even be able to charge at your workplace, favorite mall or maybe even your local movie theater. So, here are some tips on how to recharge most economically.

Q: When is the best time to recharge my Electric Vehicle (EV)?

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A: With the arrival of electric vehicles, many utilities are offering special EV rates which can provide significant savings. With an EV time-of-use rate schedule, you pay less during off-peak hours, when the overall demand of electricity is lowest. Varying by utility, these special hours usually span from nighttime to morning hours, and could provide for substantial savings over normal rates. Since these off-peak hours may be the same hours that you are sleeping - and your car is not being used - it’s an ideal time to charge. Not all utilities provide less expensive nighttime charging, so please check with your utility.

Q: How much will I save by charging my EV during off-peak hours with time-of-use rates?

A: By using the off-peak EV rate, you could save as much as 65% over standard household electricity rates. We encourage you to contact your utility to find out what programs they have available to meet your needs. Upon your request, we will also install a timer that will be set to automatically charge your vehicle during off-peak times.

Q: How much will it cost to charge my car using the time-of-use rates for Electric Vehicles?

A: Your costs will vary depending upon the time of day and season in which you charge your vehicle, how much you drive your vehicle and the rate program offered by your utility. All things considered though, it could cost as little as about 27 cents a day to charge at night with an EV time-of-use rate. In addition, most public charging will be free over the next several years.

Q: Will charging cost me less than I spend today fueling my car with gas?

A: Yes. By subscribing to an EV rate, you could save as much as 75%. If you were to drive a gasoline powered vehicle 10,000 miles per year, averaging 28 miles per gallon at $1.30 per gallon, it would cost about $464 per year to fuel. By using electricity to power your vehicle, your cost could drop to as low as $100 annually with EV off-peak rates, and to about $280 per year with peak electricity rates.

Q: When should I contact my utility about the special EV charging rate?

A: At Edison EV, we recommend that you contact your utility as soon as you begin to consider installing a charger in your home. Your utility will assist you by providing information about any available EV charging rates and advise you whether a separate time-of-use meter is necessary.

Q: How can I apply for a special EV charging rate?

A: Once you have made the decision to install a charger, contact your local utility and let them know you are interested in applying for the special EV charging rate, if offered. They will schedule any necessary meter installations and set up a special billing rate for your EV charging, if available.

Q: How do I know how to get in touch with the right people at the utility that serves my home?

A: Designated groups have been formed within many of the utilities to serve the special needs of customers such as yourself. If you would like to find out more about how your utility can help you, click below for a list of utilities and contact phone numbers.

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