Michigan Utilities Look to Lower Rates Through EV Time of Use Charging

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Michigan Utilities Look to Lower Rates Through EV Time of Use Charging

Photo: Energy News Network

Photo: Energy News Network

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.@ConsumersEnergy and @DTE_Energy are proposing a $20.5 million investment in #electricvehicle infrastructure. Incentives for #EV drivers to charge at home during off-peak hours at night could drive down rates by millions for all customers. http://bit.ly/2vlMT2w @MWenergynews
Monday, August 6, 2018 - 10:40am

CAMPAIGN: Consumers Energy | Energy for the Future

CONTENT: Article

Michigan is moving ahead of other Midwest states as its two largest utilities propose a combined $20.5 million investment in electric vehicle infrastructure.

A key aspect to the three-year plans from DTE Energy and Consumers Energy is incentivizing EV drivers to charge at home during off-peak hours at night. With preliminary data so far, the utilities say that with more customers driving EVs, program incentives could drive down rates for all customers by millions of dollars.

While the primary goal is to bolster the state’s inadequate charging infrastructure, rate design will be a key factor in how all customers benefit from increased EV adoption. By encouraging charging during predictable off-peak hours, utilities say they will be ready for an increased load that can be spread out over time.

Read the full article on the Energy News Network website.