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EV Charging Rates Lowered In HawaiiCleanTechnica

As an incentive to open electric vehicle charging stations and hence encourage EV usage, HECO (Hawaii Electric Companies) utilities in Hawaii will make EV charging rates exempt them from “demand charges.”

Image Credit: Electric vehicle charging via Shutterstock

Notably, this is not free electricity. Demand charges are for the maximum amount of electricity drawn by a customer at a given moment. This is not to be confused with cumulative power consumption. As HECO describes it, “Demand charge represents the electric utility’s cost to maintain the capacity to meet a commercial customer’s highest demand for a fixed period.”
“Plug-in electric vehicles continue to increase and we want to make it easier for our customers to own and use them,” said Jim Alberts, Hawaiian Electric senior vice president for customer service. “While most electric vehicle owners will continue to charge overnight at home, more charge spots across the islands will provide assurance to EV drivers that they won’t ‘run out of juice’ while away from home.”

Read more at http://cleantechnica.com/2013/07/20/ev-charging-rates-hawaii/#cXVm8KUBxsZmiEbG.99
More http://cleantechnica.com/2013/07/20/ev-charging-rates-hawaii/

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