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EV rates in place to reduce ‘range anxiety’

July 18, 2013
Maui Weekly

The Maui News - Businesses that operate electric vehicle fast-charging stations and others seeking to build stations will be better able to assess what their electric bills will be following the Hawai'i Public Utilities Commission's recent approval of electric vehicle charging facility rates.

Previously, charging station owners had to pay "demand charges," or an additional fee to the utility, for power used during peak demand periods.

With the new rates--which include separate metering--there are no demand charges to tack on, making costs more predictable, and will likely lower the electricity bills for the charging station owners, said Peter Rosegg, a spokesman for Hawaiian Electric Co.

The new Commercial Public Electric Vehicle Charging Facility Service rate for direct current fast-charging stations will make it financially attractive for business customers to open new public EV charging facilities and reduce "range anxiety" of EV drivers, according to a news release last week from the state Department of Business, Economic Development & Tourism and HECO.



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