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September 01,2025

Managed EV charging saves utilities billions, cuts costs

Managed charging programs can save utilities $30 billion annually by optimizing electric vehicle (EV) loads, according to ev.energy and The Brattle Group. Each managed EV can avoid up to $575 in utility costs, reducing customer electric bills by 10% by 2035. Adding bidirectional vehicle-to-grid charging could more than double these benefits.

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