Together, Ford Motor Company and TXU Energy, the top retail electric provider in Texas and a division of Vistra (NYSE: VST), have launched a first-of-its-kind retail energy package for Texans who own Ford electric SUVs and trucks. Since more than 80% of charging occurs at home, Ford EV customers may take advantage of the TXU Free EV Miles program to fully charge their vehicle there for free. For the whole year, from 7 p.m. to 1 p.m., customers of Ford EVs will receive a credit on their TXU Energy account for all residential energy used for car charging during the free charging hours.
Through the TXU Free EV Miles program, Ford aims to educate Texans about the perks of driving electric while incentivizing consumers to charge when demand on the grid is at its lowest.
The offering is designed for flexibility, giving customers 18 hours a day to charge for free. With easy charging scheduling through the Preferred Charge Times feature in the FordPass app or in-vehicle touchscreen, Ford electric SUV and truck drivers can ensure charging only occurs within TXU Energy’s free hours. In the unlikely event that customers need to charge outside of the free hours, they will pay a simple, fixed rate – the same rate as the rest of their home. With this foundation, Ford and TXU Energy will test customer interest in additional future retail energy offerings that further incentivize customers to support grid stability in the state, which was the third largest in electric vehicle sales nationwide in 2023.
“Encouraging our electric vehicle customers to charge at off-peak hours through programs like Free EV Miles helps to save them money while supporting a more sustainable, resilient electrical grid,” said Bill Crider, senior director, global charging and energy services, Ford Motor Company. “Ford electric SUV and trucks already have a lower operating and maintenance cost compared to gas-powered vehicles, and at-home charging offers additional financial perks and future vehicle-to-grid services never before possible, which Ford is committed to leading for our customers.”
The program enables Ford F-150 Lightning, Mustang Mach-E, and Escape Plugin Hybrid customers to benefit from bill credits, regardless of what hardware they use to charge their vehicle at home. When Ford drivers enroll in the Free EV Miles energy plan, they will also receive additional perks from both Ford and TXU Energy, including a $100 welcome bonus from Ford and a $250 bonus from TXU Energy for staying enrolled for a year. Once enrolled and verified, customers will begin receiving automatic rebates for at-home charging costs during the free charging hours.
“This partnership with Ford fits squarely into TXU Energy’s broader strategy of educating customers on the benefits of owning an EV, removing barriers to making the switch, and increasing grid resiliency,” said Sam Sen, vice president of energy transition solutions for TXU Energy. “We are proud to support Ford’s Texas EV customers with flexible, free charging hours and the significant cost savings that come with it.”
Enrollment for the Free EV Miles program is open now to interested Ford and current or future TXU Energy customers. Please visit www.txu.com/freeevmilesford to enroll and check eligibility or here for more information.
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