Jul 8, 2026 - News

CPS Energy offers savings on electric vehicle charging

Megan Stringer

Illustration of an electric vehicle plugged in, the charging wire has dollar bill signs running inside of it towards the car. — Illustration: Aïda Amer/Axios

New CPS Energy programs let customers earn bill credits for charging their electric vehicles at times when there's less strain on the electric grid.

Why it matters: It's the city-owned utility's way of offering a financial incentive to use less electricity during peak hours.

How it works: The EV Smart Rewards Program uses WeaveGrid (a software company that works with utilities) to schedule charging outside peak grid demand hours. Customers set their preferred departure time and battery level to earn $10 per month in bill credits, on top of a $30 one-time enrollment credit.

Another program, EV Off-Peak Rewards, lets customers manage their own charging during off-peak hours to earn $5 per month in bill credits, with the same $30 enrollment credit.
Off-peak hours are 10pm–4pm the next day.

Yes, but: Eligibility is limited to electric or hybrid Tesla, Jeep, Toyota and Lexus vehicles.

Eligible chargers are ChargePoint, Emporia and the Wallbox home charging station.

What's next: Enroll online, create a WeaveGrid account and choose a program.

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CPS Energy offers savings on electric vehicle charging

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