Dominion Virginia Power is starting a pricing program for residential customers who own or lease plug-in electric vehicles.
The Richmond-based energy provider says the program would offer
reduced rates for overnight charging and higher rates during peak
For example, customers could pay as little as 51 cents to charge an electric vehicle overnight for a 40-mile commute.
By contrast, it would cost about $1.10 using standard residential rates.
Dominion anticipates that by 2020 more than 86,000 electric vehicles will be on the road in its service area.
It has about 2.4 million customers in Virginia.
The pricing program could apply only to charging the car, or for all of a customer's electric use.
Virginia regulators approved the program in July. The pilot program will end in November 2014.
(Copyright 2011 by The Associated Press. All Rights Reserved.)