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Can You Lower Your Electric Bill as You Charge Your EV?

NineDot Energy, in partnership with Fermata Energy, took a step towards a future of clean – and money-saving – electric energy. 

Can You Lower Your Electric Bill as You Charge Your EV?

December 15, 2022 – Craig Thompson, EcoWatch

This is an excerpt from an article published by EcoWatch.

In August, NineDot Energy, in partnership with Fermata Energy, took a step towards a future of clean – and money-saving – electric energy. 

At a garage in Red Hook, Brooklyn, the company installed three bidirectional EV chargers connected to Nissan Leaf electric cars, which are part of the Revel car-sharing service. But what makes this hook-up special? These chargers, called Vehicle-to-Grid (V2G) chargers, can feed energy from the car battery back into the local power grid. 

“The project has successfully demonstrated the ability to interconnect bidirectional electric vehicle chargers on the Con Edison grid and safely and reliably export power back during hours of peak demand,” said Karen Alter, chief marketing officer of NineDot Energy, in an e-mail. 

Essentially, during hours of peak energy use, like in summer, the bidirectional charger will send power from the battery to the main grid, which in New York City is run by Con Edison. According to Fermata Energy, the company that developed the charger, it will send 45 kilowatts of energy from the battery storage back to the grid. And while this amount may seem small, if it can be scaled up, the power sent back to the grid will only grow, saving consumers on their electric bill. 

Read the full article on EcoWatch.

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