""If you charge your electric vehicle at home, I highly recommend looking into your power company's terms and see if they offer some sort of EV rate plan for charging your electric vehicle at home," said Wallace in his TikTok. What Is An EV Rate Plan? "Here in the state of Nevada, I'm on a very special rate plan for EVs, where if I charge my vehicle at a certain time of the day, I actually get a reduced rate plan to the point where charging this thing costs maybe around five bucks," he says."
"Wallace is likely referring to the Electric Vehicle Rate offered by Nevada Energy, the primary electricity provider in the state. The energy company states that this incentive is provided "to help customers who are uncertain about the best rate for their lifestyle and electric vehicle charging needs," aiming to reduce charging rates and help to preserve the environment. While this plan is specifically for EV owners and requires Nevada Energy to access the customer's electric meter, the company states that "the discounted rate applies to all of the energy used at a home or apartment during that period of time, not just electricity used to charge an electric vehicle.""
A Tesla owner in Nevada reported an energy company incentive that lets him charge his vehicle for roughly five dollars when charging during specific off‑peak hours. Nevada Energy offers an Electric Vehicle Rate that aims to reduce charging costs and support environmental goals by targeting customers unsure about the best rate for their lifestyle and charging needs. The discounted period requires the utility to access the home's electric meter and applies to all household energy used during that timeframe, not solely vehicle charging. Similar utility EV rate plans exist in other states, with availability and terms varying by provider.
Read at InsideEVs
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