No, Silicon Valley Power's standard residential rate is lower on average than other local utility EV charging rates.
Some other electric providers offer a Time of Use (TOU) rate. This means there are lower prices during certain times of the day when the cost to produce energy is cheapest. Santa Clara residents benefit from lower electric rates all day, every day.
In Santa Clara, EV operation is five times cheaper than gasoline and diesel-powered cars. Switch to an EV and save big on fuel. In Santa Clara, residents could save an estimated $2,300 a year.