Did you know that electricity rates for EV charging can vary significantly across utility service areas?
As more fleets transition to electric vehicles, understanding these rate differences is key to maximizing charging savings. Some utilities offer special EV time-of-use rates, while others stick to standard commercial billing.
Just as a hypothetical example, an electricity provider’’s business EV rate in San Francisco might be $0.12 per kWh off-peak, while their LA counterpart’s TOU-EV-8 rate might be $0.09 per kWh overnight. That would add up to a 25% difference for the same charging session!
By the way, to check SCE’s special EV charging rates, click here.
Rate structures also impact costs. Demand charges, which are based on peak power draw instead of usage, can create unexpected spikes in your monthly bill if EV charging isn’t managed properly.
To ensure you’re getting the best rate for your fleet charging needs, a detailed utility bill analysis is a must. Contact our energy experts at ChargeTronix to map out an optimized charging and energy management strategy tailored to your utility’s rates. Call +1 (949) 694-1644 today. Or e-mail: [email protected].
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