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Ford And TXU To Offer Free Off-Peak Charging Hours For EV Owners In Texas: Details
Ford Motor Company (NYSE:F) shares are trading lower Monday. The company, along with TXU Energy, launched a new energy plan for Ford electric SUV and truck owners in Texas.
TXU Energy is a subsidiary of Vistra Corp (NYSE:VST). The program promotes grid reliability by encouraging off-peak energy use and educating Texans on the advantages of driving electric vehicles.
The TXU Free EV Miles program lets Ford EV owners charge at no cost for up to 18 hours a day during off-peak hours using the FordPass app or in-vehicle screen. Charging outside these hours costs the standard home rate.
The program allows Ford F-150 Lightning, Mustang Mach-E, and Escape PHEV owners to earn bill credits for home charging, regardless of their charging ...