I just got notified in the Tesla forums about the new SDG&E EV-TOU-5 plan.
I recently (last month) switched to EV-TOU-2 since I got the EV and am in the process of getting a PV system installed.
https://www.sdge.com/residential/pri...-vehicle-plans
It looks like this plan is new as of this month, and it is a really great deal for super-off-peak at about 9cents/KW versus 22cents, if you pay $16 monthly fee.
I've ran the numbers in my spreadsheet with the EV-TOU-5 plan and with 250KW charging monthly for the EV in super off peak (and not considering other use could fall in super-off-peak esp. on weekends and holidays):
DR summer: $206.05
DR winter: $175.08
EV-TOU-2 summer: $175.70
EV-TOU-2 winter: $137.71
EV-TOU-5 summer: $155.44
EV-TOU-5 winter: $117.45
Since summer is 5 months long, the net rebates over DR rate for a year is:
EV-TOU-2 : $413.32
EV-TOU-5 : $656.43
That's quite a saving, and also I just got the EV climate credit approved for $500 (!) instead of the usual $200.
I have yet to call SDG&E (tomorrow) but if I somehow am able to change to EV-TOU-5 and I've got $500 credit (assuming it is going on till 2020), my yearly for next 3 years would be $1600-$500 = $1100
That really pushes my PV ROI from 4.5 years to under 7.5 years (OK I know the rates are going to increase, and the EV credit might phase out anytime), but the bottom line it has made me pause and reconsider doing solar next year before 2019 30% credit starts phasing out..
Thoughts? Anything I'm missing? Happy to share my spreadsheet in case anyone think it would be useful..
And one side question if I do go solar now, how does the $500 EV climate credit works? Do they write me a check at the true up or that $500 will keep getting rolled until I do get a positive bill?
I recently (last month) switched to EV-TOU-2 since I got the EV and am in the process of getting a PV system installed.
https://www.sdge.com/residential/pri...-vehicle-plans
It looks like this plan is new as of this month, and it is a really great deal for super-off-peak at about 9cents/KW versus 22cents, if you pay $16 monthly fee.
I've ran the numbers in my spreadsheet with the EV-TOU-5 plan and with 250KW charging monthly for the EV in super off peak (and not considering other use could fall in super-off-peak esp. on weekends and holidays):
DR summer: $206.05
DR winter: $175.08
EV-TOU-2 summer: $175.70
EV-TOU-2 winter: $137.71
EV-TOU-5 summer: $155.44
EV-TOU-5 winter: $117.45
Since summer is 5 months long, the net rebates over DR rate for a year is:
EV-TOU-2 : $413.32
EV-TOU-5 : $656.43
That's quite a saving, and also I just got the EV climate credit approved for $500 (!) instead of the usual $200.
I have yet to call SDG&E (tomorrow) but if I somehow am able to change to EV-TOU-5 and I've got $500 credit (assuming it is going on till 2020), my yearly for next 3 years would be $1600-$500 = $1100
That really pushes my PV ROI from 4.5 years to under 7.5 years (OK I know the rates are going to increase, and the EV credit might phase out anytime), but the bottom line it has made me pause and reconsider doing solar next year before 2019 30% credit starts phasing out..
Thoughts? Anything I'm missing? Happy to share my spreadsheet in case anyone think it would be useful..
And one side question if I do go solar now, how does the $500 EV climate credit works? Do they write me a check at the true up or that $500 will keep getting rolled until I do get a positive bill?
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