Electric Cars Are Saving Americans Billions - Even People Who Don't Drive Them

17 Apr 2024 | Abstracted from Electrek

"A recent report by...Synapse Energy Economics examined how much electric car owners paid for electricity and compared that with the cost for utilities to build, generate, and distribute that electricity. What it found was that, in aggregate, EV drivers provided more than $3 billion in net revenue to the grid between 2011 and 2021.

"The net effect is that the cost of electricity will go down for everyone..."

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