For Immediate Release
Wednesday, September 16, 2020
Kristin Kelly, (802) 318-0872
Colchester, Vt. — Driving electric now costs less and is more convenient with Green Mountain Power’s (GMP) two new discounted charging rates. The new off-peak EV rates approved by regulators are more than 20 percent less than traditional residential power rates, making charging up an EV, on average, equivalent to paying about $1 per gallon of gas. The rates are designed to help reduce costs for all GMP customers.
Transportation is the number one cause of carbon emissions in Vermont, so by partnering with customers there can be even more progress.
Fred C., a GMP customer who switched to driving an EV last year, just signed up for one of GMP’s discounted charging rates. “All electric drivers should sign up! I love my EV and the new GMP charging rate will helping me save even more,” he said. “I love not having to stop for gas and it just makes sense that charging at home is convenient and cost-effective.”
And now there are even more reasons to go electric, as GMP also announced new discounts for GMP customers who can save more than $2,500 off the purchase price when they buy or lease all electric Chevy Bolts at Alderman’s Chevrolet in Rutland. The savings can be combined with up to $2,500 in EV rebates from GMP and customers can also save even more with offers including a rebate up to $8,500 from General Motors and EV rebates from the state of Vermont. All of these savings could add up to $20,000 off a new Chevy Bolt.
“We brought in extra Bolts because we know this new package of discounts, rebates and now great EV charging rates will mean a lot of interest from customers. Our experience is that when customers switch to EVs they just love them,” said Mark Alderman of Alderman’s Chevrolet in Rutland. “GMP customers will get the same discounts on Bolts that General Motors employees can get, making now a great time to go electric.”
GMP already offers many ways to make it easier for customers to switch to EV driving, by reducing costs and increasing convenience. The new rates join rebates offers up to $2,500
when customers buy or lease their vehicle, plus GMP will give new EV owners a free Level 2 home charger, which can charge your EV in just a few hours. You can learn more about GMP’s EV offers here: https://greenmountainpower.com/rebates-programs/electric-vehicles/.
“This is a very exciting launch, showing GMP’s commitment to deliver for customers with these new ways to save. Creating affordability by leveraging innovation to help customers is at the heart of what this team does,” said Mari McClure, GMP’s president and CEO. “Partnering with local businesses like Alderman’s in Rutland shows that working together we can achieve results for customers.”
More details on the new EV charging rates are here: https://greenmountainpower.com/rebates-programs/electric-vehicles/ev-charging-rates/ . Customers can sign up for the new rates by calling GMP during normal business hours Monday through Friday at 888-835-4672.
About Green Mountain Power
Green Mountain Power (GMP) serves approximately 266,000 residential and business customers in Vermont and is partnering with them to improve lives and transform communities. GMP is focused on a new way of doing business to meet the needs of customers with integrated energy services that help people use less energy and save money, while continuing to generate clean, cost-effective and reliable power in Vermont. GMP is the first utility in the world to get a B Corp certification, meeting rigorous social, environmental, accountability and transparency standards and committing to use business as a force for good. GMP earned a spot on Fast Company’s Most Innovative Companies in the World list four years in a row (2017, 2018, 2019, 2020). J.D. Power’s 2018 and 2019 rankings put GMP among top utilities for customer satisfaction. In 2019 and 2020 GMP was named “One of the Best Places to Work in Vermont” by Vermont Business Magazine and the Vermont Chamber of Commerce, and was the winner of the Deane C. Davis Outstanding Vermont Business of the Year Award in 2019.