Electricity price spikes could increase the cost of charging electric vehicles at home, but California has a solution.
As explained in a recent article above equation, from the Union of Concerned Scientists (UCS), California is considering adding a flat fee on electricity bills from its largest utilities in exchange for a reduction in per-unit electricity usage rates. taste. That should keep utilities’ revenues steady while keeping the overall cost of home charging lower for electric vehicle owners.
A word suggestion California Public Utilities Commission (CPUC), the state’s utility regulator, will establish a flat monthly rate 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 (SD&E).
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The proposal also calls for monthly fees to be based on income. Customers participating in the California Alternative Energy Rebates (CARE) program will pay approximately $6.00 per month, while those enrolled in the Residential Electricity Rate Assistance program who live in affordable and those earning at or below 80% of the area median income will pay approximately $12.00 per month. All others will pay the full monthly fee of $24.15.
According to UCS, the proposal follows legislation passed in 2022, which would not be implemented until late 2025 or early 2026. But it could reduce electricity prices from 4.6 cents to 6.8 cents per kwh at the time, according to UCS.
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Such a proposal seems timely given the toll nationwide power surges have taken on some households. spoils the experience of charging electric vehicles at home. In response to these spikes, the federal Department of Energy found that every new electric vehicle costs less than $1,000 a year “fuel” with electricity.
California is trying to find a way Reduce the cost of charging electric vehicles at home—likely related to length of use—for several years. More than a third of US electric vehicles are sold in California, so this is a very important issue for adoption in the US overall. But similar programs in other states will be needed to maintain the momentum established by California.
