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How to Reduce Electric Car Charging Costs
Many people understand how they can save by switching from the gas pump to an electric vehicle (EV). As more electric vehicles take to the roads, more drivers are looking to save on electric car charging costs with at-home charging solutions. Upgrading from the standard charger provided by the car dealership can help you save on energy costs and power your car faster.
Choosing the right utility to power your vehicle can save you hundreds of dollars annually in electric bill savings. Some electric providers offer special rate plans for EV charging. In Southern California, Southern California Edison (SCE) offers to do a custom rate review to show you how much you can save. This custom rate review compares SCE’s two EV billing programs to staying with the regular five-tiered monthly billing system. Despite that a simple phone call can save hundreds, surveys show that many California drivers have not explored savings plans, instead simply plugging the car in to their standard 120 –volt outlet when they get back home.
The time of day you charge your car also impacts energy costs. Many EV charging rate plans offer lower rates for drivers who charge during nighttime or off-peak hours. Following the basic economic principle of supply and demand, that cost rises when all your neighbors are looking to plug in, too, during the daily energy peak period.
Choosing an EV Charging Plan
When choosing an EV charging plan, it is important to keep in mind how long it takes your vehicle to fully recharge. If you use a standard Level 1 EV Charger (the type that often comes standard with an electric car), your charge time may extend past the off-peak hours. As soon as the off-peak hours end, your rates rise for however much time remains to power your vehicle. Upgrading to a Level 2 or Level 3 charger can save on energy costs by significantly reducing the amount of time it takes to fully recharge your electric car’s battery.
A Level 2 or 3 EV charger can allow your car to fully charge within the off-peak hours, saving you both time and money on electric energy bills. Fast Charge EV helps homeowners across Southern California reduce electric car charging costs. We help you find the perfect match for your energy needs, home layout, vehicle, and more. Then, our local expert installers help set everything up at your home. We work to save you money on installation and system purchase compared to the car dealership, as well as save you on monthly energy bills. To learn more about our EV charging services, please give us a call today!