Charge Up At Home: Duke Energy Teams Up With GM, Ford, And BMW To Launch EV Subscription Service

As a part of the Open Vehicle Grid Integration Platform (OVGIP), DUK is working with automobile companies to enable the management of EV charging from multiple automakers in a grid-friendly and EV driver-centric manner. 

As per the 12-month EV Complete Home Charging Plan pilot, residential customers can use up to 800 kilowatt-hours (kWh) per month to charge an EV 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. 

The pilot program is expected to help customers save costs, aid them in leaving the house with a fully charged vehicle, and reduce the number of trips to public charging stations.

Customers who own or lease a qualifying EV can enroll in the program starting in September, with additional enrollment details will be provided before the program launch on November 1.

Price Action: DUK shares are trading lower by 0.34% at $90.27 on the last check Monday.

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