Off-peak charging in NJ

[tes2021my]

Hello! My Model Y comes in tomorrow.
I wanted to ask if anyone takes advantage of PSEG off-peak charging rates?
I asked PSEG and they said those rates are only available if you use a charger that sends PSEG the charging data for the EV.
Is the ChargePoint worth it? PSEG giving up to$1500 in credits for using accredited charger that sends them the data (currently only ChargePoint and JuiceBox)

 

[Eniged]

Hello. I was looking for info on this as well. Did you go through with the PSEG rebate and did you get the lower rate?

 

[Satishc]

hope the below two links helps, i am also planning to apply for this.

Electric Vehicle (EV) Charging Program - PSE&G

New Jersey is on track to become one of America's leading states for transportation electrification, and PSE&G is helping to make it happen. Through our Electric Vehicle Charging Program, we're supporting the large-scale deployment of residential, mixed-use (commercial), and public Direct...

nj.myaccount.pseg.com

PSE&G - Customer Electric Vehicle

evportal.pseg.com

 

[perzeababa]

Does anyone know what the actual charging rebate amount per kwh is? I would love to find out how long it will take to break even if I spend $700 for a charger + installation costs.

 

[dhvarma]

The rebate is $1500 for installation and not charger. Charger is on you. I just got the credit of $1500 on my PSEG account. I am using Juicebox which is authorised by PSEG so will automatically get off peak rates if i am charging during off peak hours which are 9pm to 7 am on weekdays and all day on weekends

 

[Kalyan]

The rebate is $1500 for installation and not charger. Charger is on you. I just got the credit of $1500 on my PSEG account. I am using Juicebox which is authorised by PSEG so will automatically get off peak rates if i am charging during off peak hours which are 9pm to 7 am on weekdays and all day on weekends

Thanks for the information. Do you need to switch to RLM meter to get off peak price?

 

[Jersey_guy_202]

Does anyone know how much off-peak credit is? Can’t find this information listed. Trying to determine if it’s worth spending $700 on ChargePoint or Juice Box. Thanks.

 

[Satishc]

No need to change to RLM rates. It will be residential rate but for tesla offpeak units consumed are pulled from the approved chargers.

Coming to the rate they will be charging regularly 17 cents/kwh, but at the end of the bill they will be reducing 11cents/kwh for the units consumed during off peak.
I am also waiting for PSEG to approve, above information is based on the conversation with PSEG

 

[Jersey_guy_202]

No need to change to RLM rates. It will be residential rate but for tesla offpeak units consumed are pulled from the approved chargers.

Coming to the rate they will be charging regularly 17 cents/kwh, but at the end of the bill they will be reducing 11cents/kwh for the units consumed during off peak.
I am also waiting for PSEG to approve, above information is based on the conversation with PSEG

Can you clarify off peak is 11 cents/kwh or will reduce by 11 cents/kwh so it’s 6 cents/kwh? I already have PSEG approval and got my installation credit, just want to check if having charger to get offpeak pricing is worth it.

 

[Satishc]

Can you clarify off peak is 11 cents/kwh or will reduce by 11 cents/kwh so it’s 6 cents/kwh? I already have PSEG approval and got my installation credit, just want to check if having charger to get offpeak pricing is worth it.

reduce by 11 cents/kwh. here is the off peak pricing sheet

https://nj.myaccount.pseg.com/viewmybill//-/media/pseg/njmyaccount/mybillpublic/understanding_bill-residentialsept2018.ashx

 

[Satishc]

 

[Jersey_guy_202]

reduce by 11 cents/kwh. here is the off peak pricing sheet

https://nj.myaccount.pseg.com/viewmybill//-/media/pseg/njmyaccount/mybillpublic/understanding_bill-residentialsept2018.ashx

Wow that’s pretty awesome! Definitely will get the charger, especially we are getting second MYP. Thanks for the info!

 

[sandyinbru]

View attachment 791658

Thanks for sharing . This help me to make my decision to buy chargepoint home flex

 

[Shift2EV]

Can you guys confirm the off peak rates and more clarity on the program please. Thanks

 

[Tuby]

I live in NJ (PSEG) EV credit is approx. 2 cents. Juicebox cost was $600. I estimated I would get about $6 - $8 dollars a month off-peak credit.. It would take about 75 months to break even. Your rebate would depend on number of miles you drive per month. For me it does not make sense.

 

[Cuttin]

I live in NJ (PSEG) EV credit is approx. 2 cents. Juicebox cost was $600. I estimated I would get about $6 - $8 dollars a month off-peak credit.. It would take about 75 months to break even. Your rebate would depend on number of miles you drive per month. For me it does not make sense.

That is the information I got when I emailed pseg about the program last year. 2 cents.

That wasn't worth it for me.

Can others clarify where you saw that you save 11c/kwh? If it's by looking at that chart they have I don't know if that's accurate. That's specific to rlm meter rates. This is a seperate program from what I think.

Below is email from them.