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The idea of grid friendly charging is to use electricity from the grid to charge batteries when electricity is available in surplus and cheap. There are several ways of achieving this, for example using droop control, using night time electricity tariffs, or using smart metering. The goal is twofold: to avoid putting additional load on the electricity grid and power generation, and to reduce the cost to the consumer. This paper looks at the saving potential when charging an electric car using real time tariffs provided by a smart meter, using the Ameren tariffs in Illinois as an example. If prices are known in advance (day-ahead pricing), the optimization only requires picking the cheapest time slots for charging the battery. Further savings can be made by using real time prices that are not known in advance, but the optimization problem then depends on price prediction models, and it becomes much more difficult to solve.