Why do we need to manage EV charging rates? 

It is a well-documented fact that the introduction of larger, power-hungry EV batteries will cause significant spikes on our electricity networks across the country. WEL Networks’ analysis shows that if New Zealand doesn’t have smart, innovative solutions in place, we could be up for doubling the investment in our network within 15 years. This significant cost will eventually feed down to the individual household in the form of increased line charges.

The We.EV initiative is dedicated to reducing the burden on New Zealand's electricity networks, helping to keep energy prices lower for longer. The key to We.EV’s model is the intelligent software supporting its smart chargers. A network of chargers allows dynamic management of charging by remotely throttling back charging for short periods if there are energy constraints.

A proactive approach helps prevent the electricity system from being overloaded, ensuring that our peak energy consumption remains in balance with energy generation.

- Excerpts taken from an article published in DRIVEN Gar Guide on 29 March 2024