Understanding Time-of-Use Rates and How They Affect Your Home EV Charging Costs
What Are Time-of-Use Rates?Time-of-use (TOU) rates are utility billing structures where the cost of electricity varies depending on the time of day. Charging your EV at night could cost significantly less than during peak afternoon hours.In Colorado, providers like Xcel Energy offer TOU plans to encourage off-peak energy use, which directly impacts how much you […]