Electric Vehicle drivers in Minnesota will soon enjoy appropriate electrical rates for EV recharging, thanks to a new law that’s due to go into effect in 2015. The law requires the electric utility companies in Minnesota to set up rates for EV recharging, to support off-peak rates, and offer customers access to renewably generated electricity.
This is excellent news, because it’s building EV recharging into government/utility policy.
Minnesota is the first state to have taken a step quite like this.
In a press release, Fresh Energy claims this could give Minnesotan’s a fueling cost equivalent to $0.99 per gallon equivalent. Two Minnesota utilities, Connexus and Dakota Electric, already offer an off-peak rate that is equivalent to $0.57 per gallon of gas.
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The law is fairly straightforward
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The rate (tariff) will cover electricity sold at retail solely for the purpose of recharging an electric vehicle. The law envisions this being done through a submeter – that is, an electrical meter that’s slaved to the main meter of a house. It allows electricity consumed through the submeter to be reported and billed as a separate line item on the electricity bill.
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