Smart EV Charging Pilot
REC expects to soon offer a financial incentive for member-owners to charge their electric vehicles (EV) during times that result in lower costs for the Cooperative. On Jan. 2, 2020, REC filed an application with the SCC seeking approval of an innovative, 2-year electric vehicle charging pilot program that would be the first of its kind in Virginia.
The objective of REC’s pilot is to provide a financial incentive for members to charge their electric vehicle during times that would benefit all REC member-owners. Here’s how REC’s pilot program will work:
• The Smart EV Charging pilot will initially be limited to 200 participants with an opportunity for more participants in the second year.
• Members who sign up for the pilot will schedule their at-home EV charging through their car dashboard or smartphone app.
• All electricity used at the house will be measured by the REC meter and will continue to be billed at the standard rate.
• The electricity used by the EV charger will be measured and tracked by metering built into the EV charger and transferred to REC by way of the member’s home Wi-Fi network.
• Smart EV Charging participants will receive a credit each month when they charge their electric vehicles exclusively during the hours of 9 p.m. to 5 a.m. and 10 a.m. to 2 p.m.
• The Smart EV Charging credit will be 4 cents per kWh and will appear as a separate line item on the bill.
Public comments can be submitted to the SCC under Case No. PUR-2020-00001. Currently, REC is awaiting the SCC’s Order for Notice and Comment, which will provide additional information and key procedural dates.