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Charge for Less: An Analysis of Electricity Pricing for Electric Vehicles in Ameren Territory

Charge for Less: An Analysis of Electricity Pricing for Electric Vehicles in Ameren Territory

Full Title: Charge for Less: An Analysis of Electricity Pricing for Electric Vehicles in Ameren Territory
Author(s): David Kolata, Ramandeep Makhija, and Jeff Zethmayr
Publisher(s): The Citizens Utility Board
Publication Date: February 10, 2020
Full Text: Download Resource
Description (excerpt):

Electric Vehicle drivers in Central and Southern Illinois could potentially save hundreds of dollars a year in charging costs if they participate in an Ameren Illinois program called Power Smart Pricing, according to a new study released by the nonprofit consumer watchdog Citizens Utility Board (CUB) Monday.

“Charge for Less: An Analysis of Electricity Pricing for Electric Vehicles in Ameren Territory” can be found at CUBHelpCenter.com. It was written by CUB Data Scientist Ramandeep Makhija, Research Director Jeff Zethmayr and Executive Director David Kolata.

The study found that Ameren’s Power Smart Pricing program, a special electricity plan available to residential customers, could have helped electric vehicle (EV) drivers reduce the annual cost for charging their vehicles by 86 percent to 88 percent, compared with what they would have paid under Ameren’s traditional electric prices. The potential savings ranged from $54 to $379 over the year studied, 2018.

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