"Plug In Between 11 a.m. and 2 p.m."... Huge Chuseok Holiday EV 'Half-Price Charging' Event

Nationwide Living Zone Charging Stations Offer Daytime Discounts from the 24th to the 27th

Brite Energy Partners, which operates the Water fast-charging network for electric vehicles, announced on the 24th that it will participate in the electric vehicle charging fee discount program during the daytime hours of the Chuseok holiday, implemented by the Ministry of Climate, Energy and Environment and Korea Electric Power Corporation. From today until the 27th, for four days, the rate for fast chargers at urban charging stations across the country will be lowered by 100 won per kWh, from 347 won to 247 won, while the rate for slow chargers will drop by 150 won, from 295 won to 145 won, between 11 a.m. and 2 p.m. each day.

This discount program is structured so that Korea Electric Power Corporation waives the entire electricity supply charge for charging operators during the daytime hours of the holiday, and operators reflect the reduced costs in their customer-facing charging fees. Participation and discount rates are determined at the operators’ discretion. Water set the discount amount for its eligible charging stations over the four-day holiday to match the total unit cost savings resulting from the supply cost reduction. The discount rate is about 29% for fast charging and about 51% for slow charging. The Ministry of Climate, Energy and Environment anticipates that if operators fully pass on the reduction, private charging fees will decrease by about 22–29%, with Water’s fast charging discount rate at the upper end of this range.

Water Charging Station

For customers, charging 30 kWh with a fast charger will cost about 7,410 won instead of 10,410 won, saving around 3,000 won. The purpose of this discount is to absorb surplus electricity during the holiday by encouraging electric vehicle charging. The Ministry of Climate, Energy and Environment expects that during the Chuseok holiday, while industrial electricity usage decreases, power generation from solar and other renewable sources will remain steady, creating time periods when electricity supply may exceed demand.

This holiday discount will automatically apply to individual members enrolled in the Water App, without a separate application process, as long as the charging session starts during the designated hours. The program covers urban charging stations nationwide. Bae Dae-won, Head of the Electric Vehicle Charging Division (Water) at Brite Energy Partners, said, "For urban charging stations where users can choose when to charge, daytime discounts are an effective way to reduce wasted electricity."

This content was produced with the assistance of AI translation services.