EVGo TOU pricing

[mikeinet]

Moving like others to TOU pricing... some of these seem steep... $0.69/kWH in NY for peak charging (12-9pm)

https://www.evgo.com/pricing/tou/

Sponsored

 

[timbop]

It's directly related to the excessive demand charges the utilities get away with. We can't have ubiquitous charging if the companies that own them go out of business.

 

[mikeinet]

agree... im surprised they aren't able to negotiate bulk pricing or something

 

[bshaw]

In many areas, the peak demand charges were previously being absorbed by the DCFC operator. That was unsustainable, and it was inevitable before these were passed onto the consumer.
In busy charger locations, they could also smooth out demand by shaping the rates to be cheaper during less busy hours. Just a little nudge would make a noticeable difference in congestion at chargers.

 

[timbop]

In busy charger locations, they could also smooth out demand by shaping the rates to be cheaper during less busy hours. Just a little nudge would make a noticeable difference in congestion at chargers.

which is essentially what they've done - off peak the rates are lower

 

[Monke]

We used to pay approximately $40 at EA stations for a 700+ miles round trip. We considered first and last tanks were free at home. EA price was $0.16 a kwh then $0.20 so we stayed clear from EVGO at that time. Now EA is charging $0.52 with tax so it does not really matter where to charge.

The current price at DCFC would be very similar to paying for gas driving a Hemi Rebel which is bigger and much more comfortable.

 

[IMDIDOC]

Moving like others to TOU pricing... some of these seem steep... $0.69/kWH in NY for peak charging (12-9pm)

https://www.evgo.com/pricing/tou/

Ouch, I'm in NY as well and with these rates it is now more expensive at peak time (most of the day) than it is to drive my wife's large SUV. Long distance trips that require DCFC will have me rethink what vehicle to take.

 

[AZBill]

EVGO prices in AZ, but our peak hours are different:

How about this analysis from EA:

 

[narmstrong79]

Once EVs hit mass adoption - EV charging as a monthly subscription seems to be the only viable way to profit for public charging networks. $xxx per month for X kwh - like old cell phone plans when you paid for minutes.

 

[RickMachE]

Remember that when you take a trip, the first and last "tank" are at your home rate.

Yes, on the road charging can be close to, or at, or even over, the cost of gas, depending on where in the country you are.

 

[Maquis]

It's directly related to the excessive demand charges the utilities get away with. .

Demand charges are a way for utilities to legitimately recoup the costs associated with needing to bring on line peaking plants which are much more expensive to operate (and usually dirtier) than base load plants.

Are demand charges excessive? Hard to say. I’m not motivated enough to research the data required to make that determination.

 

[Monke]

Once EVs hit mass adoption - EV charging as a monthly subscription seems to be the only viable way to profit for public charging networks. $xxx per month for X kwh - like old cell phone plans when you paid for minutes.

Can't wait to fast forward to the point that we get to watch ads for reduced subscription rates.

 

[timbop]

Demand charges are a way for utilities to legitimately recoup the costs associated with needing to bring on line peaking plants which are much more expensive to operate (and usually dirtier) than base load plants.

Are demand charges excessive? Hard to say. I’m not motivated enough to research the data required to make that determination.

See @AZBill 's post above yours

 

[thekat03]

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

 

[AKgrampy]

Demand charges are a way for utilities to legitimately recoup the costs associated with needing to bring on line peaking plants which are much more expensive to operate (and usually dirtier) than base load plants.

Are demand charges excessive? Hard to say. I’m not motivated enough to research the data required to make that determination.

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.

Sponsored