PEV Prices
33%
of the hours in a year
62%
of the hours in a year
5%
of the hours in a year
¢
kWh
1.6¢
7¢
21¢
SUPER
OFF-PEAK OFF-PEAK ON-PEAK
* Prices are rounded and do not include fuel, environmental, nuclear, taxes, and other charges.
Plug-In EV Rate Savings
$107 per month to fill tank
$19 per month to charge on PEV
* 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.
How the rate works:
Super Off-peak
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.
Off-peak
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.
On-peak
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.
FAQs
Plug-In Electric Vehicle? ›
Despite expecting 12.5 million electric cars by 2035, California officials insist that the grid can provide enough electricity. But that's based on multiple assumptions — including building solar and wind at almost five times the pace of the past decade — that may not be realistic.
Will there be enough electricity to power electric cars? ›Despite expecting 12.5 million electric cars by 2035, California officials insist that the grid can provide enough electricity. But that's based on multiple assumptions — including building solar and wind at almost five times the pace of the past decade — that may not be realistic.
Is the US power grid ready for electric vehicles? ›According to the report's author, Teri Viswanath, an economist with financial services company CoBank, the U.S. electric grid is now experiencing something of a mid-life crisis and isn't ready for an onslaught of electric vehicles. The report indicates that most of the grid may be entering the end of its functionality.
What happens if you don't plug-in a plug-in hybrid? ›If you don't plug in your PHEV at all, its batteries are still automatically charged through the vehicle's regenerative braking system and its engine, but the charge it receives may be minimal and not enough to allow you to drive without using fuel.
Should I charge my PHEV to $100? ›Minimize the batteries at 100% state of charge
Keeping the state of battery charge, from 0 percent to 100 percent , also improves the performance of the battery life of your vehicle. Even though a full charge will give you the maximum operating time, it is never a good idea for the overall lifespan of your battery.