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Electric Vehicle Fleets: A Guide for Business Owners

If you have a fleet of vehicles for your business, you may be considering going EV for your next purchase. With good reason. There are now more choices for passenger and light-duty fleet vehicles. Here’s a basic guide to fleet electrification 101.

Summary: A business EV fleet may be for you if you have a cargo fleet that drives less than 120 miles a day or sedans/SUVs that drive 200-400 miles daily. Talk to your accountant about depreciation and any purchase incentives.

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Will Electricity Prices Fall this Fall in Texas?

We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?

Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.

This article was written in Summer 2022. See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.

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Tax Credits for EV, Solar & Electrification – The Inflation Reduction Act of 2022

For homeowners, the Inflation Reduction Act of 2022 includes over $8 billion for home energy efficiency and home electrification projects. You can receive tax credits for new technology including home solar panels, battery storage, or electric vehicles. And you can get tax credits and incentives for replacing your clothes dryer, water heater and cooktop, or for swapping out your HVAC for a heat pump HVAC.

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Electricity Bill Payment Scam – How to Avoid Getting Tricked

The electricity bill payment scam is on the rise in in Texas. Scammers will call you pretending to be from your light company and demand payment. They’ll threaten to turn your electricity off if you don’t pay right away.

To avoid an electricity bill payment scam, look for things that are out of the ordinary. If your electric company has never called you before to demand payment, and specified that you can only pay with a GreenDot card from Walgreens? It’s likely a scam.

Here’s how to tell an electricity bill payment scam from a real disconnection notice from your electricity company. And how to avoid getting ripped off.

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