Managed Residential Electric Vehicle Charging Minimizes Electricity Bills while Meeting Driver and Community Preferences

Publication
Transport Policy

Transitions to electric vehicles are expected to increase electricity use in residences, where most drivers tend to recharge. We develop a mathematical programming framework for shifting residential EV charging during low electricity pricing hours to minimize the additional electricity costs that a household incurs from charging its vehicle. The model also accounts for household and community preferences through four secondary objectives: charging as soon as possible on arrival, charging as late as possible before departure, charging for valley filling and peak shaving of residential load, and charging in a shared community hub by using a fast charging station.

We analyze granular residential energy data from a sample of Austin households in 2018 and compare electricity bills under four pricing schemes, including flat rates and time-of-use rates, both with and without a separate meter for EV charging. The findings show that all four secondary charging objectives avoid on-peak charging periods and reduce households’ overall daily electricity costs while surfacing trade-offs in flexibility, charger utilization, and grid load smoothing.

Recognition: 2nd Place, INFORMS Mini Poster Competition, 2021.