By Colin Kellaher

 

Duke Energy is teaming up with a trio of automakers on a pilot program aimed at offering price certainty to owners of electric vehicles in North Carolina.

The Charlotte-based utility holding company said it is working with General Motors, Ford Motor and BMW of North America to launch a flat-fee residential charging subscription program in the state.

Duke said the 12-month pilot plan will allow residential customers to use up to 800 kilowatt hours a month to charge an electric vehicle at home for a fixed monthly fee of $19.99 in its Duke Energy Carolinas service area and $24.99 in its Duke Energy Progress service area.

Duke noted that the average EV driver uses less than 15 kilowatt hours a day, meaning the plan will offer nearly twice the amount per month needed by the average driver.

Duke said enrollment for the plan begins Sept. 1, with the pilot program slated to launch Nov. 1.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

August 28, 2023 10:13 ET (14:13 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Bayerische Motoren Werke Charts.
Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Bayerische Motoren Werke Charts.