Spikes in electricity rates can raise the cost of charging an EV at home, but California has a solution.
As explained in a recent post on The Equation, from the Union of Concerned Scientists (UCS), California is considering adding a fixed charge on electricity bills from its largest utilities in exchange for a reduction in the per-unit price of electricity use. That would keep utilities’ revenue consistent while maintaining lower overall home-charging costs for EV owners.
A proposal from the California Public Utilities Commission (CPUC), the state’s utility regulator, would establish a monthly flat fee of $24.15 for customers of California’s three major investor-owned utilities—Pacific Gas & Electric (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E).
2024 Chevrolet Silverado EV with GM Ultium Home energy system
The proposal also calls for income-based…
Read full article originally published on www.greencarreports.com