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January 15, 2024
Electric Vehicle Rate Design Aims to Align Charging With Grid Demand
Utilities advance new rate structures for EV charging to manage grid constraints and optimize infrastructure use.
To address the escalating demand on the power grid due to the rise in electric vehicle (EV) charging, electric utilities are compelled to develop rate structures that encourage EV owners to charge during off-peak hours, thereby aiding utilities in managing the…Read the full report
Key Takeaways
- New York regulators have approved new beneficial rates and programs for commercial EV charging customers.
- California has launched a proceeding to consider transportation electrification policy and infrastructure including the development of rates.
- Massachusetts utilities have proposed EV time-of-use rate options designed to incentivize EV charging at homes or small charging stations outside of peak hours in the day.
