Lots of news on NRG/Reliant placing 150 the eVgo charging stations here in Houston including 50 fast-charge DC stations. Great news... but a WACKY pricing model! (https://www.evgonetwork.com/
) They want to charge $89/month for unlimited use of the home charging stations and the mobile charging stations with a minimum 3 year contract (which includes "free" installation of the home charger). I cannot for the life of me figure out how the math makes sense to anyone on this:
Let's assume the charger costs $2,000 (half of which is covered by a tax credit). Over 36 months the charger installation is worth around $30/month. So for $59/month you get free electricity and access to the eVgo charging stations.
A full charge (from zero) is 24 kwh. Houston power prices (fixed for 24 months) run 9.8 cents kwh from Reliant (expensive option). So let's call that $2.35 per full charge and let's assume you get 80 miles per charge...
If you drive 12,000 per year you use $30/month in electricity. So you are paying an additional $1,100 for access to the charging stations for 3 years. That is a lot of $$$ up front just to get the occasional public recharge!
I sure hope they end up doing a pay-as-you-go option on the charging stations rather than this wacky subscription service!
from Houston Chronicle http://www.chron.com/disp/story.mpl/hea ... 01637.html