Take Charge & Save!
We are rolling out rebates of $300 combined with low off-peak rates for residential members who install qualified Electric Vehicle (EV) charging stations at their homes.
Charging Station Rebate
NHEC will provide rebates of $300 to residential members who install Level 2 EV charging stations (240 volts) in our service territory. Rebates will help offset the cost of installing a second electric meter that will record your EV charging usage AND let you take advantage of a low off-peak rate when charging your EV.
When you participate in this program, you’ll be able to charge your EV during off-peak hours at a rate that is lower than the basic residential rate. (See accompanying chart)
How Much Can I Save?
Your potential savings will vary depending on the type of EV you drive, how many miles you drive and when you charge, but the owner of an EV like the Chevrolet Bolt who drives 16,000 miles a year can save about $20 a month by charging during off-peak times.
Already Have a Level 2 Charger?
Members who already have a Level 2 EV charger installed in Co-op service territory are also eligible for the $300 rebate if they sign up for off-peak charging!
Charge Off-Peak and Save!*
|BASIC RESIDENTIAL RATE
|OFF-PEAK EV CHARGING RATE
|ON-PEAK EV CHARGING RATE|
|All hours, all days||9 p.m. – 7 a.m. Monday – Friday; all hours on weekends and holidays||7 a.m. – 9 p.m.
non-holiday weekdays only
|$0.14860 per kWh||$0.08676 per kWh||$0.22503 per kWh|
*EV rates do not include monthly meter charge of $3.10. On-Peak and Off-Peak EV charging rates will change with the regular seasonal rate adjustments that occur in May and November. For current rates, see Billing & Rates at www.nhec.com.