10 Oct '11, 9am

Electric Vehicle: Cost of Electricity

Electric Vehicle: Cost of Electricity

Modifications to the normal rate. – Your electric bill will probably have a minimum payment amount. If you don’t use the minimum amount you will be paying for it anyway. – Time of use rating – in most places you can get deep discounts by using a special meter that is smart enough to tell when you are using the electricity at off peak hours. The electric rate may be 1/2 or less the daytime rate. – Net metering: solar panels – If you have solar PV panels on your roof you may also be on net metering . The total cost of electricity will then be the difference between what you sell to the utility (typically at peak daytime rates) and your usage. When combined with an EV charging at off-peak rates at night, the combination of solar PV panels and an electric car is very attractive . There are now even online calculators to help you decide how many solar panels you would need.

Full article: http://cleantechnica.com/2011/10/09/electric-vehicle-cost...

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