How electric vehicles are lowering electricity bills for everyone

How electric vehicles are lowering electricity bills for everyone

Wednesday, April 10, 2024

Electric vehicle drivers are saving everyone billions of dollars on their monthly electricity bills, a recent study found. The analysis from Synapse Energy Economics compared how much EV owners paid for electricity with the cost for utilities to build, generate and distribute that power. In aggregate, EV drivers provided more than $3 billion in net revenue to the grid between 2011 and 2021.

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