Frequently Asked Questions
EV Phase-in Rate FAQ
Please read through our list of frequently asked questions.
Rate Definition
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Once you are enrolled on the EV Phase-In Rate, PSEG Long Island will calculate your load factor automatically every six months.
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PSEG Long Island will notify you when a tier change occurs after we calculate your load factor every six months.
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If PSEG Long Island determines that your load factor is beyond 25%, you will be ineligible to participate in this rate, until you can show that your load factor has decreased.
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This rate is best suited for businesses with EV Charging stations for either public and/or fleet use.
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If you have an account with 12 months of historical energy and peak demand data (from the meter), as well as the nameplate capacity of your chargers, you can use this information to calculate your load factor using the equation (Energy Used (kWh)/Peak Demand (kW) *8760 hours). If you are a new customer, you will need to wait until you have at least six months of energy and peak demand data (from the meter), during which time we will place your account on Tier 1.
Customer Eligibility
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No, however, our Time-of-Day rates offer discounted pricing during off-peak hours, which is an ideal time to charge an EV.
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Separately metered charging stations have a charging ratio of 100%, meaning that the only electric loads on that meter are associated with EV charging.
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In addition to the EV charging station loads, you should include any electrical loads on that meter including buildings, lighting, heating/cooling, etc.
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Within 5 business days.
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Depending on the reason for ineligibility, you may be eligible in the future if you can prove your load factor is <25%, or if you are no longer enrolled in a program listed that makes you ineligible. If you have further questions, you can reach out to PSEGLongIslandEVli@pseg.com.
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While not required to be on the EV Phase-In Rate, customers should consider using managed charging software to monitor and control how their EV chargers are being used. For fleet charging, this can help you program the optimal time to charge your vehicles at the lowest rates possible. Customers should consider EV chargers that are network capable so that you can monitor and control them with software.
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If you do not have an existing PSEG Long Island account and you are considering, or are in the process of installing, EV charging stations at your business, you will need to apply for new service with our Building and Renovation Services (BRS).
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There is no minimum number of EV chargers needed to qualify for the EV Phase-In Rate, as long as you meet all other requirements.
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Net metering customers are not eligible for this rate as load factor with net metered service cannot be calculated accurately.
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If you are a brand new PSEG Long Island customer with fewer then 12 months of meter data, you will be placed on Tier 1 until we can recalculate your load factor. If you have more than 12 months of meter data, we will calculate your load factor based on the most recent 12 months of meter data and we will assign the applicable tier.
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If you do not currently have a meter capable of interval billing, then you must have one installed to be eligible for the EV Phase-In Rate.
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No. A customer classified as short-term, temporary, or seasonal—defined as requiring electric service for no more than two years or receiving service intermittently throughout the year—is not eligible for this rate.
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No. A customer with a Power Purchase Agreement (negotiated under SC 11 – Buy-Back) is not eligible for the EV Phase-In Rate.
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If you are a V2X customer and selling energy back to the grid, or using it as power back-up, you are not eligible for the EV Phase-In Rate because your load factor cannot be calculated accurately.
Customer Resources
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A number of factors including energy use and demand, seasonality, and more. As the number of EVs using your charging station increases, so does your load factor.
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You may have EV drivers stop by your charging station even if your business isn't open.
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Offering convenient, fast charging, and competitive or free rates are ways to entice customers to visit your business and use your charging station more.
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There could be a few reasons why you don't qualify for the EV Phase-In Rate even if you have EV chargers. You may not have a charging ratio of 50% or more, your load factor could be >25%, you do not qualify for Rate 285, or other factors. Check out our rate information page to view our commercial rates booklet.
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If your charging station has low usage, this rate can help lower the electric costs associated with vehicle charging by reducing demand charges. This is typically the most significant part of your electric bill.
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Since the EV Phase-In Rate calculates your load factor every six months using the past year’s data, your assigned tier, and your share of energy and demand charges, may change over time.