This blog covers the following strategies to lower the cost of EV charging:
● Charging during off-peak hours
● Finding free or low-cost charging stations
● Choosing an energy efficient EV
● Using the MCE Sync app
Saving money on fuel is one of the many benefits of driving an EV. With the right charging strategy, you can save even more. Whether you recently upgraded to an EV or you’re a long-time EV driver looking for some extra ways to save, here are strategies to lower the cost of charging.
1. Charge during off-peak hours.
Time-of-use (TOU) rate plans offer lower electricity costs during off-peak hours. EV drivers can save significantly on charging costs by charging outside peak hours (4 p.m. to 9 p.m.). For even more savings, consider choosing MCE’s residential EV rate (EV2). To get a customized view and find the rate that’s right for you, log in to your PG&E account.
2. Choose charging stations strategically.
Plan your charging in advance to take advantage of low-cost charging stations. Some businesses may even offer free EV charging as a benefit for customers. Use online tools like PlugShare to find low- to no-cost charging stations along your route.
3. Choose an energy-efficient EV.
If you haven’t purchased your EV yet or you’re in the market for a new one, be sure to choose an efficient model for lower long-term charging costs. In the same way that some gas cars get more miles per gallon, some EVs can travel farther on the same amount of electricity. You can save big on charging by prioritizing energy efficiency when purchasing your new EV.
4. Use MCE’s smart charging app, MCE Sync.
The MCE Sync app helps you automate your EV charging at home to maximize savings. MCE Sync automatically charges your EV during the cheapest times based on your electricity rate, and passes the savings back to you. Drivers using MCE Sync can also earn up to $10 per month in additional cash back by charging during low-carbon events. Download the app today to earn a $30 sign-up bonus!