Worksheet

Maximize Savings with SoCal Edison EV Worksheet

Maximize Savings with SoCal Edison EV Worksheet
Southern California Edison Worksheet On Electric Vehicles

If you're a Southern California Edison (SCE) customer and considering switching to an electric vehicle (EV), the SCE EV Rate Calculator can be a valuable tool in understanding how you can save on your electricity bills. This guide will walk you through how to use the SoCal Edison EV Worksheet to maximize your savings.

Understanding EV Rates

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Southern California Edison offers special rates for EV owners to encourage the use of electric vehicles and optimize energy usage. Here are the key points:

  • Time-of-Use (TOU) rates - These rates fluctuate based on the time of day. Charging during off-peak hours can significantly reduce your costs.
  • Tiered rates - Your electricity usage is divided into tiers, and the more you use, the higher the rate can go. However, EV chargers can often have a separate meter to avoid inflating these tiers for your household usage.
  • Baseline Allocation - This represents the average electricity use for residential customers. EVs can sometimes exceed this, potentially leading to higher rates.

How to Use the SCE EV Worksheet

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Follow these steps to analyze your potential savings:

  1. Collect Your Data:
    • Current energy bill details, including your daily kWh usage.
    • The make, model, and battery size of your EV, if you already own one.
    • Your driving habits, especially daily distance and when you typically charge your vehicle.
  2. Log into the SCE Website:
    • Visit SCE’s website and navigate to the EV Rate Calculator or Worksheet section.
  3. Enter Your Information:
    • Fill in your current electricity rate plan, home electricity usage, and details about your EV or potential EV.
    • Choose the rate plan you are considering for your EV.
  4. Calculate:
    • Input your average daily miles driven, charging frequency, and preferred charging time.
  5. Review Your Results:
    • The worksheet will generate a comparison of your current costs versus potential savings with an EV-specific rate plan.
    • Look at the summary of annual savings, expected off-peak usage, and any potential peak-time penalties.

⚠️ Note: The accuracy of the calculations depends on the precision of the data you input. Real-world savings might vary.

Current Rate Plan Proposed EV Rate Plan Estimated Annual Savings Off-Peak Percentage Peak Penalty
Domestic Basic TOU-EV-4 $300 80% Minimal
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Maximizing Your Savings

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To make the most of the EV rates:

  • Charge Off-Peak: Schedule your EV charging during off-peak hours, typically at night, to take full advantage of lower rates.
  • Avoid Peak Times: Avoid charging during peak times, usually in the early evening, to prevent higher costs.
  • Monitor Your Usage: Use tools provided by SCE or third-party apps to track your electricity usage and adjust your habits accordingly.
  • Consider Battery Size: If you’re buying an EV, a smaller battery might be economical for city driving, reducing your daily electricity needs.

📌 Note: Some rate plans come with surcharges or changes to your baseline allowance that can affect overall savings.

Wrapping Up

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By strategically planning when you charge your electric vehicle, you can significantly cut down on your electricity costs. The SCE EV Worksheet provides an excellent starting point to estimate these savings. Remember to consider all variables such as your daily commute, the car model, and your electricity usage habits when making these calculations. Adapting to an EV-specific rate plan can not only save you money but also align with sustainable living practices, contributing to a greener California.

What is the best time to charge my EV?

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The best time to charge your EV is during off-peak hours, typically from 10 PM to 6 AM on weekdays and all day on weekends for SCE customers.

Can I use the EV rate plan even if I don’t have an EV?

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Yes, some customers choose to use EV rate plans for other high-energy use appliances to benefit from the off-peak rates.

How does my charging location affect my savings?

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If you charge at a public station, you might not benefit from the SCE EV rate plan. Charging at home allows you to leverage time-of-use rates effectively.

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