EVs Power Homes: Backup Power Revolution

The concept of Vehicle-to-Home (V2H) power, where electric vehicles can supply electricity to a household's electrical panel, is emerging as a significant feature for future EV owners. Although a majority of homeowners were initially unfamiliar with V2H, research indicates strong interest once the technology is explained. Many current EV owners already employ a related capability, Vehicle-to-Load (V2L), for powering individual appliances and devices, with 71% reporting this feature and nearly half using it frequently.

The V2L function, often accessible through a standard 120V outlet on the EV, proves useful for various scenarios, from powering tools on job sites to providing energy during power outages and for leisure activities like camping. Despite its utility, enabling a full V2H system for whole-home backup is a substantial undertaking. The additional hardware can cost between a few thousand and nearly $10,000, with installation costs potentially increasing this figure significantly.

Despite the investment and a list of requirements, enthusiasm for V2H remains high. A growing number of EVs are becoming hardware-ready for V2H, with automakers like Tesla and Rivian planning to offer enabling hardware soon. This technology is positioned to become a significant perk for EV buyers, offering a reliable power source during outages and enhancing the overall value of electric vehicles.