NV Energy Leading the EV Charge
The Southwest Energy Efficiency Project (SWEEP) has released a report showing that NV Energy is a leader in the Southwest and the nation in promoting clean electric vehicle transportation.
Through its Shared Investment Program, NV Energy has facilitated the installation of nearly half the public electric vehicle charging stations in the state. Since 2009, the utility has offered a special electric vehicle billing rate that encourages people to charge their cars late at night, when demand is at its lowest and power plants typically are underutilized.
Customers in Northern Nevada, for example, who charge their cars between 10 pm and 6 am, pay 6.3 cents per kWh compared to the normal residential rate of 10.2 cents. In Southern Nevada, where electricity use spikes during the hot summer months, EV drivers who charge their cars between 10 pm and 6 am pay about 7 cents per kWh in summer and about 5 cents in winter compared to normal residential rates of 12 cents.
According to the report, “NV Energy: Leading the Way on Electric Vehicles,” electric vehicles are the cleanest transportation option in Nevada. About 66 percent of Nevada’s electricity was produced by natural gas in 2013. The remaining electricity generation comes from coal and renewable energy. Legislation passed in 2013 puts the utility on a path to retire 550 MW of coal-fired electricity generation in 2014 and another 250 MW by 2017, making Nevada a leader in the Southwest in moving away from coal and toward more renewable energy and clean-burning natural gas.
NV Energy developed its Shared Investment Program to improve range confidence and provided $500,000 to help fund new electric vehicle charging stations around the state. During 2013, the utility partnered with private and public sector entities to set up 133 individual charging ports at more than 47 locations statewide.
Employers who provide charging to their employees were also eligible to participate in the program. NV Energy offered partners up to $7,000 off the cost of a dual port charger, about half the cost.
The report comes as good news to NV Energy, which saw its energy-efficiency programs decline in 2013.
Photo via Shutterstock.
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