Smarter EV charging could slash utility bills by 10% for every U.S. household – new report

ev.energy

Utilities can unlock up to $30 billion annually in savings by 2035 by embracing ‘managed charging’ approach, shifting EV charging times to when electricity is cheapest and cleanest, according to new report.

New report from ev.energy establishes practical roadmaps for utilities and regulators to follow to unlock the multi-billion-dollar opportunity to turn EVs into a valuable energy asset.

Programs across the country have proven to significantly cut utility and customer costs, including:

ChargeWise California (MCE & SVCE): pilot saw sub-metered dynamic pricing and automated managed charging, offered as a plug-and-play add-on to standard rates. Program saw 98% of energy off-peak (versus 60-70% with Time of Use tariffs) and $200/ year in average customer saving.

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