Duke Energy Launches Unique EV Charger Rental

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In North Carolina, Duke Energy has introduced an innovative Electric Vehicle (EV) Charger Rental Program. This initiative offers both residential and business customers the opportunity to lease an EV charger at an affordable monthly rate, covering hardware, warranty, and maintenance. This program aligns with the increasing pace of EV adoption across the nation.

Charger Solution Program: A Step Towards Easy EV Transition

Approved by the North Carolina Utilities Commission in August, the Charger Solution program provides customers with a variety of charger options, simplifying the process of selecting a suitable charging station. Kendal Bowman, Duke Energy North Carolina president, emphasized the company’s commitment to the EV transition, stating, “By offering a variety of charger solutions, we hope our customers feel confident that they have a choice to fit their needs, with the reassurance they can rely on our expertise for maintenance.”

Affordable and Flexible Charging Options

Designed to eliminate the upfront cost of purchasing a charger, the program offers residential options starting at approximately $14 per month. These options include a three-year rental term for a Level 2 charger, capable of fully recharging an EV in eight to ten hours. Non-residential options are also available, catering to the needs of businesses and multifamily dwellings, thereby maximizing reliability and efficiency.

Supporting North Carolina’s Clean Energy Goals

Duke Energy’s Charger Solution program contributes to the state’s goal of having 1.25 million EVs by 2030. It complements the Charger Prep Credit program, which has aided over 6,000 North Carolinians in preparing for a Level 2 charger installation.

Comprehensive EV Customer Programs

The Charger Solution and Charger Prep Credit programs are part of Duke Energy’s ‘EV Complete’ suite, facilitating a smoother transition to EVs. Moreover, Duke Energy launched a 12-month EV charging subscription pilot program, the Home Charging Plan, to optimize grid operations through demand response events.

North Carolina leads as the first Duke Energy service territory to implement these core EV customer programs, enhancing the overall energy grid management and supporting affordable, reliable, and clean energy. Lon Huber, senior vice president of pricing and customer solutions, highlighted the customer-focused nature of these programs, providing a variety of options to meet diverse needs.

Duke Energy is pursuing regulatory approval for similar programs in all its service areas, with 17 active and approved EV programs and two pending approval.

For more details, visit EV Program Guide at duke-energy.com.

About Duke Energy

Duke Energy, a Fortune 150 company based in Charlotte, N.C., is among America’s largest energy holding companies. Its commitment to a clean energy transition includes goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is also investing in grid enhancements, energy storage, and exploring zero-emission power generation technologies.

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