In this study, we report the influences of oxidation potential and holding time on the electrochromic (EC) stability of poly(3-methylthiophene) (P3MT) film during the electrochemical reaction. The cycle stability and transmittance changes of the film were investigated by optimizing the oxidation potential, and its chemical compositions were measured by x-ray photoelectron spectra after multiple electrochemical cycles. High oxidation potentials can increase the P3MT film color contrast and decrease its cycle stability because of accelerating chemical decomposition. Moreover, the holding time with potential pulsing was analyzed by using the optical memory of P3MT at an optimized oxidation potential, which revealed the reduced voltage duration saved energy consumption by 11.6％and improved the EC cycle stability without changing in color contrast.