
Virginia utility Dominion Virginia Power has begun a pilot program that will allow EV owners to charge their batteries for half the cost as long as they do it overnight.
The utility says that at off-peak rates, enough battery power for a 40-mile commute costs $0.86, but for the 750 EV owners who are part of the program, that cost will be lowered to $0.35. The customers will use a specific charger installed for the program.
The utility may also offer the participants a lower rate for all of their off-peak electricity if they agree to pay a variable rate for charging overnight -- somewhere between $0.33 and $0.41 for a 40-mile charge.
It's obvious how the program benefits EV drivers, but a scheme like this helps the utility too. By encouraging overnight EV charging, their reducing their load fluctuations during peak hours, which can save them money as well.
via Engadget

written by bpg131313, February 04, 2011
written by jcsr, February 05, 2011
Don't worry about the utility Companies bpg131313, they know very well how to take care of themselves. Everything in this world is subject to change. When the Hartford Electric Light Co. first started selling electricity you could save up your used bulbs and take them to their office and get new ones free. Fancy That!
written by Mike999, February 06, 2011
They are starting planning for a build out of better infrastructure.
Which means More AMERICAN JOBS.
This is the beginning of Your Transportation Dollars STAYING in America, Growing Your Economy.
written by Dave K., February 07, 2011
written by Thomas | Electriccar, February 17, 2011
written by Bryan, February 18, 2011
“The transmission and distribution or “T&D” system losses amounted to 239 million MWh, or 6.1% of net generation. Multiplying that number by the national average retail price of electricity for 2005, we can estimate those losses came at a cost to the US economy of just under $19.5 billion. Congestion charges (the inability of capacitors to be flexible) represent another”.
It could also be used to split water for hydrogen, there is no need to waste any of it.
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FEB 04
"According to a US govt report, there is plenty of off-peak night power..."
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