Charging an EV overnight on a Time of Day electric rate is like paying about a $1 for a gallon of gasoline.
The below pricing options offer a lower cost overnight and on weekends. These pricing options could help you save on your energy cost for charging your EV compared to being on the Time of Day 3 p.m. - 7 p.m.
Prices per kilowatt hour are rounded to the nearest cent. Stated rates shown include three factors: (1) on-peak capacity; (2) off-peak capacity charges within power supply charges; and (3) distribution within delivery charges. All other surcharges, including Power Supply Cost Recovery (PSCR), are not included in the stated rate. Rates may change by Michigan Public Service Commission order.
An electrician will install an additional meter at your home, dedicated solely to your EV charger. The additional meter helps you to take advantage of a reduced energy rate for your EV charging. That reduced rate is available Monday through Friday from 11 p.m. to 9 a.m. and all weekend.
The EV Plan is beneficial if your home's current electrical panel does not have capacity for the additional load required by a Level 2 charger.
Applying to all energy used at your home, including your EV charger, this plan features a lower energy rate Monday through Friday from 7 p.m. to 11 a.m. and/or during the weekend.
The Time-of-Day plan helps you save if your energy consumption patterns are flexible. Manage most of your energy usage - including charging your EV and running appliances like your washer, dryer and dishwasher – on weekdays between 7 p.m. to 11 a.m. and during weekends for lower energy costs.
DPP is a tiered rate that allows customers with flexible energy consumption patterns to save money on their bill.
By shifting your home energy usage, including EV charging, to "Off-Peak" hours (11 p.m. – 7 a.m. Monday - Friday, all day long on weekends and holidays), you reduce energy costs. During times of extremely high demand for electricity, a Critical Peak Event may be called. During an event, the cost of electricity rises. Learn more and enroll in Dynamic Peak Pricing.
Please note that as part of the Dynamic Peak Pricing Rate enrollment agreement, you must remain on the rate for 12 months, and you cannot have a separately metered electric service, tariff or rate program, other than Rider 18 (if available).
*Critical Peak Events may be called on weekdays, excluding holidays, from 3 p.m. to 7 p.m. DTE will call no more than 14 events (56 hours) per year, and you’ll receive an alert at least six (6) hours prior to each event.