If you drive an electric vehicle, you already know that fueling your car with electricity is much cheaper than gasoline or diesel. But for even greater savings, try Georgia Power’s Plug-in Electric Vehicle rate. This rate offers lower prices from 11 p.m. – 7 a.m. to encourage nighttime EV charging.
* Prices are rounded and do not include fuel, environmental, nuclear, taxes, and other charges.
* EV estimate based on driver charging 4,400 kWh per year, all at super off-peak prices, with 8% sales tax.
** Gasoline estimate based on a ratio of 1 kWh = 3.4 miles, 24.7 MPG, and a cost of $2.50 per gallon.
Every day of the year from 11 p.m. – 7 a.m. It’s cheapest for Georgia Power to produce electricity during these hours so the savings are passed on to you. About 33% of the hours in a year fall in the Super Off-peak time period and it’s the lowest price.
All hours of the year not identified as On-Peak or Super Off-peak From June to September, weekdays from 7 a.m. to 2 p.m. and 7 p.m. to 11 p.m., and during weekends from 7 a.m. to 11 p.m. For October to May, this period is from 7 a.m. to 11 p.m. Prices during this period are higher than the Super Off-peak time period, but much lower than the On-peak time period. The majority of the hours in a year (62%) fall in the Off-peak time period.
Period from June to September, weekdays 2 p.m. to 7 p.m. represents the time when it’s the most expensive for Georgia Power to produce electricity. Although the On-peak period has the highest prices, only about 5% of the hours during a year fall in this period.
Use this simple EV Savings Calculator to see your potential savings when you are considering the switch to an EV.