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lftl | 2 years ago

Note that elif said "overnight" rate. I'm pretty sure they're on the EV rate plan from GA Power[1]. You only get that rate at night, and you pay a pretty punitive $0.21/kwh for any peak usage. As they mentioned, that's a pretty solid number for the marginal rate you'll pay for an extra kwh, but there are a number of base fees tacked on to that. I'm not on the EV plan, but my average out the door winter final rate is about $0.13/kwh and my summer rate ends up being more like $0.17/kwh.

[1] https://www.georgiapower.com/residential/billing-and-rate-pl...

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tkanarsky|2 years ago

Pff, your punitive 21¢/kWh is cheaper than our overnight 25¢/kWh or so in the Bay Area :P

mcv|2 years ago

Is night time energy still cheaper than day time? I thought that with the rise of cheap solar, day time energy would have been cheaper by now.

jandrese|2 years ago

That also incentivizes home battery systems. Charge it up overnight and then use the battery power during peak times. It's a good deal for the power company if you do that too because it reduces amount of swing in the grid.

lftl|2 years ago

I modeled buying a few Tesla Powerwalls to do time of use shifting, and it didn't make any sense from an investment standpoint. It's a great incentive if you were buying the battery backup anyway, but not as an investment.

elif|2 years ago

Yup during peak hours I'm usually pumping 3-5 kw to the grid. It's a win-win.

mcv|2 years ago

It also incentivises solar, which provides super cheap energy during the day.

elif|2 years ago

It's worth noting that the "punitive" peak is only 5 hours, does not include weekends, and is only for 4 months out of the year.

And since it is during peak solar hours, I've never had to pay that rate once.

lotsofpulp|2 years ago

Oh, that makes more sense.

hackernewds|2 years ago

Still great for charging your EV overnight