EVGo TOU pricing

[Maquis]

Demand charges are not excessive. The issue is most high demand loads have very poor load factors. If a EV charger operated at its peak for 70% of the day the cost, for electricity, would equal your cost for home charging. The issue is utilities have to build for the installation’s peak demand (or close to it) and then has to recover those capital costs which they mostly do thru demand charges. If an EV site had a load factor greater than 70% it could have charging costing less than at home charging. Doubtful though that there would be round the clock DCFC charging but maybe so. As much as people may not like utilities their rates are regulated and they have set rates of return.

Agree with all of that.

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[bshaw]

So if all chargepoint operators move to TOU pricing... EV road trippers are going to shift road trips to happen overnight when possible. ?

Yes, exactly. Those that could, would shift their driving hours to cheaper charging options. It would help with both road congestion and peak electricity demand.