Lowell Light & Power now offers residential customers who own an electric vehicle a Level 2 EV Charger Rebate and optional Time-Of-Use EV Rate.
Residential customers may qualify for a $350 rebate for purchasing a new Level 2 (240V) charger for their home. The rebate is available for chargers purchased on or after July 1, 2024. To receive this rebate, customer must agree to be placed on the Residential Time-Of-Use Rate for a minimum of 12 billing cycles. Visit the LL&P website for full details and qualifications.
Already have an electric vehicle? Consider switching to the Time-Of-Use EV Rate! The Residential Time-of-Use (TOU) Rate is based on customer electric consumption during Summer and Winter Rate periods, with On-Peak, Off-Peak, and Super Off-Peak hours.
The TOU rate schedule will benefit those who are able to shift using electricity from the On-Peak hours to the Super Off-Peak hours, when rates are at their lowest. Activities to shift could include: charging your EV, running the dishwasher, washing or drying clothes. By charging your EV during Super Off-Peak hours, you will save anywhere from $.01 to .09 per kWh!
Each household must determine the best routine for their family and decide if the TOU rate schedule is right for them.
Visit the Electric Vehicle webpage to learn more about:
- Types of electric vehicles
- Federal tax credits and state incentives
- Types of EV chargers
- Level 2 EV charger rebate
- Time-Of-Use rate