The wise use of electricity, beneficial electrification, has sparked widespread rethinking of policies that encourage or mandate less electricity use across the board. Advancements in electric technologies continue to create new opportunities to use electricity as a substitute for on-site fossil fuels like natural gas, propane, gasoline and fuel oil, with increased efficiency and control while also meeting environmental goals. It also offers local economic development opportunities and enhances the quality of the product used by the customer. One area in which there is currently increasing opportunity for beneficial electrification is electric vehicles (EVs). The proper rate incentives can help the co-op keep the EV charging cycle off peak, taking maximum advantage of lower cost power while building load in a beneficial manner.
FULL TECHSURVEILLANCE ARTICLE: Rate Options that Support Electric Vehicle Adoption