Ford, TXU Energy partner to create new retail energy offering in Texas

Ford Motor Company (F) and TXU Energy, a subsidiary of Vistra (VST), have teamed up to create a new retail energy offering for Ford electric SUV and truck customers in Texas. 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 Energy’s 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. With this foundation, Ford and TXU Energy will test customer interest in additional future retail electricity offerings that further incentivize customers to support grid stability in Texas, which was the third largest in electric vehicle sales nationwide in 2023.