Study finds EVs are lowering electricity bills for all customers, not just EV owners – Charged EVs
Baua Electric
APRIL 17, 2024
The main reason that EV charging is lowering the cost of electricity for all consumers is that EV drivers tend to charge at home overnight, when demand for electricity is far below the electric grid’s capacity. The study found that, in the aggregate, EVs delivered billions of dollars in net revenue to the grid between 2011 and 2021.
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