bluebolt wrote:Has anyone found that switching to TOU rate worked in their favor?
I need to be able to fully recharge the car overnight anyway as that's how we use it, at least some weekends. That forced me into a level 2 charger at home. Going level 2 puts me in a situation where I always charge off peak.
In Southern California the rate differences are much greater. I was on TOU actually anyway when I got the Bolt, because we had just put in Solar. Again the SoCal rate structure helped us a lot there too. My Solar is paying me back at 18% per year, pretty much guaranteed minimum. When we sized the system I had them add a couple extra panels so that we could switch over to 99% electric driving in the household and still cancel out the electric bill. It was a great deal for me - but again SoCal has different pricing structures.
Anybody in Socal who is thinking about solar feel free to send me a PM for more details on that part.
To your question, even without the Solar TOU could be a great deal depending on how your rates work. Another option may be to ask about installing a dedicated meter just for your car charging plug. Some power companies will set you up with a separate meter at a reduced electric rate if it's exclusively for charging your car.