Xcel Energy is launching a new electric vehicle program for residential customers that would simplify and significantly lower the cost to install EV chargers at their homes. The program aligns with Xcel Energy’s vision to reduce carbon emissions 80% by 2030 from 2005 levels in the electricity provided to customers and to supply 100% carbon-free electricity by 2050.

Under the program, known as EV Accelerate At Home, eligible customers can choose to have Xcel Energy install a smart EV charger with embedded energy-monitoring capabilities. This equipment can charge a customer’s EV faster than a charger that plugs into a typical household outlet. Customers can pay for the equipment and charging service monthly on their bill or up-front. Participating customers can save the most money when charging their vehicles exclusively during off-peak hours from midnight-8 a.m.