Woolley: UK energy retailers offer discounted type-of-use tariffs for managed EV charging
Nick Woolley · EV charging on both sides of the pond · Nov 30, 2023 · at 19:13
Nick Woolley, CEO of ev.energy, describes competitive retail rate designs and automated managed charging structures in the UK market.
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“The propositions that are being rolled out in competitive markets like the UK are tariffs which have now become known as what's called type of use tariffs. So a type of use tariff is a tariff that applies to a specific device within your home, like an electric vehicle. And it then incentivizes the electric vehicle owner to charge at certain points in time. And it Is differentiated from the rest of your energy bill, and it then gives you a rebate back on your energy for consuming energy at the right times for the grid. And they go even one step further where they don't just say, you just consume energy at these points in time, but if you cede control to the retailer in this case for managing your energy, we will just give you a flat rate that's well discounted from the standard rate of energy because you are giving us control for your for your energy at those times.”
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