Cost Reduction Strategies
- Efficient Charging: Smart Level 2 chargers offer higher charging efficiency compared to Level 1 chargers, adding more miles per hour of charging. This efficiency can lead to lower overall electricity consumption for the same amount of charge.
- Scheduled Charging: Many smart Level 2 chargers allow for scheduling, which enables users to charge their vehicles during off-peak hours when electricity rates are lower. This feature can significantly reduce electricity costs if the utility company offers “time-of-use” rates.
- Energy Efficiency Features: Some smart chargers are certified by programs like ENERGY STAR, which ensure that the chargers use less energy when in standby mode (about 40% less). This not only reduces waste but also saves on electricity costs over time.
- Incentives: State and utility incentives may be available to offset the initial cost of purchasing and installing a Level 2 charger, which can indirectly contribute to reducing overall electricity costs by encouraging the use of efficient charging systems.
- Home Charging Benefits: Charging at home with a Level 2 charger eliminates the need for public charging stations, which are often more expensive. This shift can result in significant cost savings for frequent users.
Conclusion
Smart Level 2 chargers, through their efficiency, scheduling capabilities, and energy-efficient standby features, can help reduce electricity costs. Additionally, utilizing incentives and the convenience of home charging further enhance these savings.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/can-smart-level-2-chargers-help-reduce-electricity-costs/
