TXU Energy And Ford Are Teaming Up To Offer Ford EV Customers Cost-Savings By Charging At Home Through A New Energy Management Plan

Author: Benzinga Newsdesk | August 12, 2024 08:52am

• TXU Energy and Ford are teaming up to offer Ford electric vehicle (EV) customers significant cost-savings by charging at home through a new energy management plan
• The TXU Energy Free EV Miles program will benefit Ford EV customers through credits on their TXU Energy bill for electricity used during specified hours, potentially covering the entire cost of all at-home charging
• The program supports grid reliability by encouraging energy consumption during off-peak hours and educating Texans on the benefits of driving electric vehicles

IRVING, Texas, Aug. 12, 2024 /PRNewswire/ -- Today, Ford Motor Company and TXU Energy, Texas' leading retail electricity provider and subsidiary of Vistra (NYSE:VST), have teamed up to create a new retail energy offering for Ford electric SUV and truck customers in Texas. The TXU Energy Free EV Miles program offers participating Ford EV customers the opportunity to charge their vehicle entirely at home at essentially no cost during off-peak hours since approximately 80% of charging takes place at home. Participating Ford EV customers will get credit on their TXU Energy bill for all electricity used to charge their vehicle during the free off-peak charging hours, between 7 p.m. and 1 p.m. the next day, all year long.

Posted In: F VST