SHF Energyprovider of electric vehicle (EV) chargers for both residential and commercial properties has announced the launch of a new home charging program.
According to a press release, the program offers single-family homeowners in Canada a free Level 2 electric vehicle charger and the opportunity to earn cash back for every kilowatt-hour (kWh) they use to charge their electric vehicle at home. Participants will earn 3 cents per kWh used while charging at home, with potential annual benefits of $100 to $150 for the average driver.
To participate, homeowners can register and order a free Level 2 home EV charger from the SWTCH home charging program store and install it in your home. It's worth noting that SWTCH charges a $300 deposit for a free charger, which it promises will be refunded once people log 1,500 kWh usage, which the company estimates will take three to five months for the average driver.
Once installed, people can use the associated Home Charging Program app to connect the charger to Wi-Fi and start earning cashback. SWTCH says that once an account accumulates $100 in cashback, users will receive it via direct deposit into their bank account.
The company says the new home charging program, developed in partnership with Plug'n Drive, takes advantage of the Canadian government's Clean Fuel Regulatory Carbon Credit program to give homeowners an incentive to install clean fuel alternatives. Plug'n Drive is a non-profit organization dedicated to accelerating the adoption of electric vehicles in Canada with the goal of helping Canada achieve 100% electric vehicle sales by 2035 or earlier.
A SWTCH FAQ Page notes that the carbon credit program funds free electric vehicle chargers and payments to drivers.
In addition, SWTCH states that chargers used in the program are eligible for various utility incentives (including BC Hydro, Roulez Vert), which the company says can help reduce the cost to a licensed electrician of installing a charger.
This expansion comes at a somewhat uncertain time for the Canadian electric vehicle market, as the Canadian government completed its zero-emission vehicle (iZEV) incentive program back in October.along with automaker Honda $15 billion electric vehicle project delayed it had to happen in Ontario.
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