How TOU Rates May Increase Costs for Electric Fleet Operators

TOU (time-of-use) rates
TOU (time-of-use) rates examples summer vs winter

What do TOU rates mean for EVs?‍

  • Reduce the number of costly grid upgrades when the number of EVs is increasing
  • Avoid the need for new power plants that may arise due to possible higher energy consumption during peak periods
  • Avoid possible fuel-based power plants for backup power during peak demand periods.

The Impact of TOU rates on Electric Fleets

TOU (time-of-use) rates example optimization Ampcontrol
  1. The vehicle arrives during the peak pricing hour. The driver plugs in the vehicle and ends their shift.
  2. Instead of charging the vehicle immediately during the expensive time period, a smart charging option automatically shifts the charging towards the cheaper off-peak period.
  3. The algorithms ensure that the vehicle is fully charged for the next trip.

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