You have the option to continue paying for all of your home’s electricity on your current residential rate. It is including your new vehicle. Having a PEV does not require you to change your current rate or require a special meter. Consumers Energy offers two rates designed specifically for plug-in vehicles. The Experimental Residential Plug-in electric car rate is generally used with your existing smart meter and applies to all of your electric use (household and PEV). The lower “off-peak rate” incentivizes customers to charge their vehicle during off-peak hours. Additionally, the lower off-peak pricing applies to all of your electric use.

The Residential Time of Day Rate is similar to the Plug-in Vehicle Rate but offers different time parameters. Time of day rate means that your kWh cost will differ depending on the time of the day electricity is used. If you can shift your electricity use to low-cost evening, early morning and/or weekend periods, you may benefit from these rates.

It’s a hot topic whenever anyone mentions electric cars: pricing. Many electric cars are more expensive than their regular counterparts, though in general, they cost far less to run on a per-mile basis. But what do today’s electric and plug-in cars actually cost? We’ve gathered the relevant data for each battery-electric car on sale today, and presented it to you in one place.

Every vehicle here shows the manufacturer’s suggested retail price, plus any mandatory destination and handling fees. The prices do not include any local or federal tax incentives or rebates—so many cars here may be available cheaper, for those eligible for specific credits or rebates. Efficiency figures are rendered in Miles Per Gallon Equivalent, or MPGe, a measure of how far a car can travel electrically on the same amount of energy as contained in 1 gallon of gasoline.

electric car rate
electric car rate

 

Electric Car Rate

You use electricity is just as important as the electricity you use. You pay different rates for electricity based on the time of day you use it. For example, rates are highest during weekdays in the summer from 5 p.m. to 8 p.m. EV-A combines your vehicle’s electricity costs with those of your residence. EV-B involves the installation of another meter, which separates your vehicle’s electricity costs from those of your home.

Both EV-A and EV-B are non-tiered, time-of-use plans, which means that the rate you pay is based on the time of day you use the electricity. Costs are lowest from 11 p.m. to 7 a.m. when demand is lowest, making this the best time to charge your vehicle. Electricity is more expensive during Peak (2-9 p.m.) and Partial-Peak (7 a.m.-2 p.m. and 9-11 p.m.) periods. See graphic below for detailed information on EV rate costs and times.

 

BMW

$43,395

22-33 kWh battery, 81-114 miles, 118-124 MPGe, 125 kW motor

The 2017 BMW i3 represents the first significant update of the electric city car since its May 2014 U.S. launch. The 2017 i3 gets a new 33-kilowatt-hour battery pack, which boosts range to 114 miles. The original 22-kWh pack is still available in base models, with the same 81-mile range as before. The i3 is a novel design thanks to its unusual styling, carbon fiber-reinforced plastic body shell, and range-extended REx model (which we’ll cover separately).

 

 

Chevy

$37,495

60 kWh battery, 238 miles (EPA), 119 MPGe, 150 kW motor

The Chevrolet Bolt EV offers a currently-unmatched combination of an EPA-rated 238-mile range and a base price of under $40,000, before incentives. It’s the only non-Tesla electric car currently on sale with a range of more than 200 miles but costs about half as much as the least-expensive Model S. Bolt EV sales began last month in California’s Silicon Valley, but Chevy will slowly roll the car out nationwide between now and September.

 

Fiat

The engineers have done a great job. It’s nippy, fun to drive and probably a better vehicle than the gasoline version. Limited availability is a hindrance, though, and the price is pretty steep for such a small car. Oh, and Fiat’s boss would prefer you didn’t buy one. It’s costing him money.

 

Ford

$29,995

33.5 kWh battery, 115 miles (EPA), 107 MPGe, 107 kW motor

Historically, the Ford Focus Electric has been a “compliance car,” sold only in volumes required to meet California’s zero-emission vehicle mandate. But for 2017, it gets some notable updates that could broaden its appeal, should Ford aim for higher sales volumes. Where its previous EPA-rated range of 76 miles was among the lowest of any electric car, the 2017 model’s larger battery pack boosts range to a more competitive 115 miles. The Focus Electric also gains DC fast charging, using the Combined Charging Standard (CCS) protocol.

 

Hyundai

28 kWh battery, 124 miles (EPA), 136 MPGe, 88 kW motor

The 2017 Hyundai Ioniq Electric launches as one of three variants, with hybrid and plug-in hybrid versions available as well. The all-electric version is the most efficient car available in the U.S., and its 124-mile EPA-rated range is competitive with most electric cars, excluding Tesla models and the Chevrolet Bolt EV. In California, Hyundai will offer a subscription-based “Unlimited” plan as an alternative to traditional leasing, although it is unclear if that option will be offered nationwide.

 

Kia

$32,800

27 kWh battery, 93 miles (EPA), 105 MPGe, 81 kW motor

Kia has not released details on the 2017 Soul EV, but the 2016 model remains on sale in a limited number of electric-car friendly states. When it launched as a 2015 model, the Soul EV’s 93-mile range was impressive for a non-Tesla electric car, but many other models have since surpassed the Kia.

 

Nissan

$31,545

30 kWh battery, 107miles (EPA), 112 MPGe, 80 kW motor

The Leaf received a larger, 30-kWh battery pack as an option for the 2016 model year, and that pack becomes standard equipment on all models for 2017. That means the Leaf gets a slight bump in base price, pushing it over the $30,000 mark. But all Leaf models also now have a 107-mile range, compared to the 84-mile range of cars equipped with the previous, 24-kWh pack.

 

Tesla

$69,200-$135,700

60-100 kWh battery, 210-315 miles (EPA), 98-104 MPGe, 234-396 kW motor

The Tesla Model S lineup seems to be in constant flux, but at the moment it includes rear-wheel drive and dual-motor all-wheel-drive versions with 60-kWh and 75-kWh battery capacities (creating a “75” car actually involves a software patch to unlock extra capacity), all-wheel drive 90D and P100D models. Tesla recently began installing a new hardware package for its Autopilot system—called “Hardware 2″—in all production cars, and launched a “Ludicrous Plus” mode software update that allows the Model S P100D to do 0 to 60 mph in 2.4 seconds.