Make The Off-Peak Rate Work For You
- Save about 30% when you charge overnight (between 8pm-6am) Monday through Friday
- Save about 30% when you charge any time on weekends and major holidays
Cut Costs When You Switch from Gas, Cut Even More Costs When You Charge Off-Peak
Annual Cost To Drive a Full-size Vehicle 12,000 Miles Per Year
| Powered by gasoline* | $960 |
|
| A savings of $610! EV powered by
Standard Residential** | $350 |
|
| An additional savings of $100, which gives you 3,900 free miles per year! EV powered by
Off-Peak
Residential*** | $250 |
*$2.50/gallon **Standard Residential Rate: 10.89 cents/kwh ***Off-Peak Rate: 7.69 cents/kwh
Installing At-Home EV Charging Meter
We recommend hiring a licensed electrician to install the EV meter required for program enrollment.
Frequently Asked Questions
- At what hours are Off-Peak rates in effect?
Off-peak rates apply from 8pm-6am, Monday-Friday. They apply all 24-hours on Saturdays, Sundays and holidays.
- When I enroll in the Off-Peak rate, am I prohibited from charging my car during day?
No. You can charge your EV any time, same as before. However, you’ll get the benefit of the lower rate only during Off-Peak hours.
- I have net metering to account for my solar rooftop generation, why can’t I get the Off-Peak rate?
Time of use metering under an electricity supply service tariff having no demand charge is not currently permitted by the regulations governing net energy metering.
- What equipment is required and who installs it?
You will need an additional meter base and EV meter. Both are provided to you free of charge, but you will be responsible for hiring an electrician to install the meter base in the PEV charging circuit. Once that is complete and has passed an electrical inspection we will install the new EV meter.
- What happens to the EV meter when I move?
Like the primary electric meter, it remains with the house and we maintain ownership of both. Being Off-Peak ready is a great selling point when selling your home.
- How long does it take to process my application?
Your application undergoes a review for eligibility immediately, and we’ll coordinate with you to install a EV meter once your electrical installation is inspected.
Still have questions? Email us at pev@aep.com or call 1-800-956-4237.
Want to learn more about EVs? Visit the EV section for more information about choosing an electric vehicle to meet your needs.