Ford Motor Co. and TXU Energy, a subsidiary of Vistra (VST) announced Monday a partnership to create a new retail energy offering for Ford electric SUV and truck customers in Texas.
Under the partnership, the TXU Energy Free EV Miles program offers participating Ford EV customers the opportunity to charge their vehicle entirely at home at essentially no cost during off-peak hours since approximately 80% of charging takes place at home.
Participating Ford EV customers will get credit on their TXU Energy bill for all electricity used to charge their vehicle during the free off-peak charging hours, between 7 p.m. and 1 p.m. the next day, all year long.
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 lower.
The offer is designed for flexibility, giving participating customers up to 18 hours a day to charge at no cost. By scheduling through the Preferred Charge Times feature in the FordPass app or in-vehicle screen, Ford electric SUV and truck drivers can ensure charging only occurs within TXU Energys off-peak hours.
If customers need to charge outside of the off-peak hours, they will pay a simple, fixed rate - the same rate as the rest of their home.
The program enables Ford F-150 Lightning, Mustang Mach-E, and Escape PHEV 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 receive automatic rebates for at-home charging costs during the off-peak charging hours.