Abstract:

Chile's marginal adoption of Electric Vehicles (EVs) is due to the lack of subsidies to cover the upfront costs. This paper proposes a strategy that integrates a Time-of-Use (TOU) tariff with Vehicle-to-Home (V2H) operation to promote EV adoption without subsidies or significant grid infrastructure investments. The study uses technical data to estimate residential electric consumption patterns, battery charging/discharging profiles, and operating conditions of V2H. The annual traveled distance is used as a metric for comparative analysis. Results show that integrating TOU and V2H reduces the annual traveled distance required to achieve economic balance by up to 13%. Furthermore, when considering gas and EV upfront costs, the annual traveled distance can be further reduced by up to 31.6% and 50%, making EVs economically viable for a broader range of current combustion vehicle users.