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Congratulations to Marc Cutter - Hawaii Automobile Dealers ...

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20<br />

Solar power from your roof<br />

can help ll the “tank” of your<br />

electric vehicle at lower cost<br />

Electric vehicle (EV) owners say their EVs are<br />

a lot of fun <strong>to</strong> drive. EVs have a lot of <strong>to</strong>rque<br />

so all the power of the electric mo<strong>to</strong>r is<br />

available the moment you step on the pedal.<br />

And a big part of the joy, EV owners say, is<br />

breezing by gas stations. By fueling their<br />

vehicles with electricity, not gasoline, they<br />

save money mile for mile and they keep the<br />

environment cleaner – with lower carbon<br />

emissions than drivers who still must s<strong>to</strong>p at<br />

the corner gas station for an expensive ll up.<br />

Now, drivers with an electric vehicle in the<br />

garage and solar pho<strong>to</strong>voltaic (PV) panels<br />

on the roof can enjoy a bigger bene t by<br />

signing up for <strong>Hawaii</strong>an Electric’s discounted<br />

electric vehicle time-of-use (TOU) rates and<br />

net energy metering (NEM).<br />

Cruisin’ on sunshine<br />

The utility’s EV TOU rates for charging at<br />

night after 9 p.m. are lower than the typical<br />

residential rate. Further, NEM cus<strong>to</strong>mers<br />

get full retail credit for excess renewable<br />

energy sent <strong>to</strong> the grid <strong>to</strong> offset the cost of<br />

electricity from the grid when not enough<br />

renewable energy is available.<br />

The combination can lower your overall bill<br />

and may help manage your electricity needs<br />

with a slightly smaller PV system.<br />

EV Pilot Time-of-Use Rates*<br />

Discount EV time-of-use rates<br />

encourage charging “off-peak”<br />

(9 p.m. <strong>to</strong> 7 a.m.) <strong>to</strong> make the<br />

smallest impact on island electrical<br />

systems. Off-peak electric rates are<br />

about six cents per kilowatt hour<br />

(kWh) below the typical rate, while<br />

peak rates are up <strong>to</strong> six cents higher<br />

per kWh. Most EVs have on-board<br />

timers, so it’s easy <strong>to</strong> start charging<br />

during the off-peak period.<br />

“With solar on the roof and an EV in the garage you<br />

will have the best of both worlds: renewable energy<br />

for your home and transportation needs at a great<br />

(low) cost. That is a hard combination <strong>to</strong> beat.”

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