OUR approves public electric vehicle charging rates

Office of  Utilities Regulation (OUR) has granted approval for the establishment of  Public Electric Vehicle charging rates.

These rates will be based on the time of  use rate format and will be set at a level that is 5% more than the residential time of  use charges.

Under a time of  use rate, customers pay different prices per kilowatt- hour of  electricity that they use, depending on when they use it.

This is a new option for energy charges to be introduced by the JPS.

The OUR says it is a positive step toward greater cost reflection.