As you might expect, your electric bill will almost certainly increase because you’re adding a large electronic device to your home energy load. The question is, how much will it increase?
Without an EV charging plan like MP2’s, it is possible that your bill could increase significantly; however, our plan is designed to keep your bill as low as possible by giving you free hours during which to charge your vehicle.
Contracts are offered in lengths of 24 and 60 months.
Free charging hours run from midnight to 3:00 a.m. each morning.
Your EV will need to be able to schedule charging to take advantage of the free hours, but most modern models come with this capability.
Three hours is the amount of time needed to charge the average EV to 80% on a 22kW charger, which is roughly the amount most EV owners charge their car at home. An 80% charge provides roughly 200 miles, more than enough for the typical driver’s daily distance on the road. Offering three free hours also helps us keep electricity prices low for the remainder of the day.
Some plans may offer more free hours, yet they charge more for paid hours, so your net result could be a higher energy bill. MP2’s plan carries less risk because the bulk of your usage--upwards of 70%--often comes during the daytime hours, so those are the hours you want to make sure are billed at the most competitive rate, which MP2 is proud to provide.
No, no, and no.
Yes, all energy delivered with this plan is supplied by 100% renewable sources.
All EVs are eligible, provided they are plug-in models. This includes:
A solar system is an excellent complement to an EV charging plan. It allows you to offset a portion of your daytime/peak power usage with solar energy, even during cloudy periods if you also have a solar storage system.
The Electric Vehicle Free Charging Program only covers charging done at your home address, but any charging you do at your workplace, a public charging station, or elsewhere reduces your need to charge at home.
For plan purposes, it makes no difference which EV is drawing power from your home charging station.
No, but during the free charging hours a Level 1 charger will provide only 13.5 miles on average, compared to 150 miles or more with a Level 2. A Level 2 charger requires professional installation, whereas a Level 1 plugs directly into a standard 120-volt outlet.
According to the Department of Energy, the national average cost of one “electric eGallon” is $1.15. In Texas, the rate as of March 2020 is $1.09. This is far cheaper than one gallon of gasoline, even in times of historically low gas prices, and unlike gas prices your electricity rate is fixed and will not fluctuate.
Of course, you have to factor in the purchase and installation costs of a home charging setup, which will make the cost of EV charging initially higher than buying gasoline.
Our home state of Texas is by far the leading producer of wind-generated electricity in the country. Production is highest at night, when electricity use is lowest, and it is lowest during the day, when energy demand is highest.
This has created a surplus of energy that is not well-suited for meeting demand during the day, but is perfect for the lower loads on the grid during the night. This surplus has driven down wind power prices, which allows us to pass the savings on to you.
Anything you can charge during the day, especially those that have the ability to be scheduled to charge, can be charged for free at night during the free charging window.