North America
January 15, 2024
Renewables | Electric Vehicles
Visual Primer Series
Visual Primer: 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 grid's overall demand.
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