The Electric Vehicle (EV) Pricing Plans are designed to test whether electric vehicle owners will choose to recharge their vehicles during off-peak hours – typically overnight – in exchange for lower electricity costs. The EV Pricing Plans closed to new enrollment on September 1, 2016. Current participants may remain on the pricing plans until November 30, 2018. The Company is currently evaluating future options for the EV pricing plans.
How will electric vehicles impact the electrical grid?
The impact to the electric grid depends upon a number of factors, such as how quickly electric vehicle penetration develops, the increase in storage capacity of EV batteries, and the charging behaviors of EV owners.
One of the most important ways to minimize the impact to the electric grid is to encourage electric vehicle owners to charge their vehicles at night, when the electric demand is lowest and power is less expensive.
During off-peak periods, such as night time hours, the grid has reserve capacity and can handle increased demand and power requirements to charge electric vehicles without significant system upgrades.
For both pricing plans, prices change based on the time of day. The EV + Home Pricing Plan also varies by season.
What are the details of the pricing?
The EV Pricing Plans have various pricing components. For specific information on the EV Pricing Plans, refer to the rate details.
Does the pricing change on the weekends or holidays?
The times for the pricing apply every day of the year, regardless of weekends or holidays.
How much energy do I use now, and when do I use it?
Your energy use depends on your lifestyle. Many factors impact your energy use, including your cooling and heating, water heating, refrigerators, and when you decide to charge your electric vehicle. To better understand what uses electricity in your home, refer to Dominion Energy’s online energy calculators.
How much will my monthly electric bill go up?
The incremental cost for charging an electric vehicle will be different for everyone. The size of the increase will depend on the size of the battery in the electric vehicle, your electricity rate plan, current monthly electrical use, and the amount that you drive.
Customers who enroll in the EV + Home Pricing Plan are not eligible to also participate in our water heater control program
Additionally, customers who enroll in the EV + Home Pricing Plan are not eligible to participate in Smart Cooling Rewards.
Is this a limited offer?
Yes, currently the EV Pricing Plans are part of a pilot program. We want to learn about the pilot participant’s ability to adapt to the changing prices each day and their willingness to shift electricity consumption to off-peak periods. The EV Pricing Plans closed to new enrollment on September 1, 2016. Current participants may remain on the pricing plans until November 30, 2018.
We will evaluate and determine if a program similar to the EV Pricing Plans will be beneficial to additional customers in the future.
How much money will I save on the EV Pricing Plans?
The EV Pricing Plans provide you with an incentive to change when and how you charge your electric vehicle. You should not expect money savings as a new appliance (your electric vehicle) has been added to your home. Money savings can be realized if your charging times and behavior change to off-peak periods.
Can I participate if I'm on Budget Billing?
Yes. You can continue your participation in Budget Billing. Remember that Budget Billing is a budgeting tool that helps avoid seasonal fluctuations in your bill. The budget amount is based on the average of the previous bills for the past 12 months at your address and then adjusted for current rates. Your account is reviewed periodically and your budget amounts may increase or decrease based on changes in usage or rates.
Do I have to participate in one of the EV Pricing Plans if I have an electric vehicle?
No. The pilot is entirely voluntary.
I'm on a time-of-use rate now, is this similar? Can I go back to a time-of-use plan when the pilot is over?
The EV Pricing Plans are time-of-use plans in that both vary based on the time of day. The EV Pricing Plans are a pilot, and after the pilot concludes you will return to your original pricing plan, unless those rates have been closed. Review a listing of Dominion Energy's current residential rates.
How will I know when I am participating in the program
Your participation in the EV Only Pricing Plan or the EV + Home Pricing Plan will coincide with the next billing period after your enrollment.
How long do I have to participate?
Once enrolled, you will remain in the pilot until November 30, 2018, unless you contact us to be removed.
I'm moving, what do I do?
When you are moving out of your home, we will automatically unenroll you from your EV pricing plan. You are responsible for removing all charging equipment from your home.
I have a question, who do I call?
Call 866-566-6436 Monday thru Friday from 8 a.m. to 5 p.m. to speak to a representative about the EV Pricing Plans.