[[ I don’t think it’s going to happen that way. In fact, I think there’s a good chance we will see surcharges added to electric bills to offset the lost fuel tax revenues from these cars. ]]
Exactly. Someone said it will be cheaper to recharge a car because it will be done mostly at night “when electric charges are cheaper”, than it will be to fill it up with gasoline.
But the fact is that it will only be cheaper for a very short period. They will find so way to increase the price of e.ectricity used for recharging. The reason electricity is cheaper at night right now is because it is an off peak usage time of the day. If everyone is forced to get electric vehicles, night e Wil. Become the new peak hours for electric, or close to it anyways.
Question is, Wil. The increased electric bills be more or less than monthly fuel bill?
Then possibly there will be the issue of dwindling fuel driven car sales, so gasoline prices will likely jump to make up the losses in fuel sales too.
.ots of issues to consider in all thisperhaps lots of unforseen consequences.
The typical neighborhood infrastructure is not set up to handle even a slight majority of people all charging their cars overnight.
And peak excess at night is a thing of the past as we race towards wind and solar.
California has already seen the gas tax revenue decline.
They are looking at charging the EV owner’s mileage to tax to make up the short fall.
Who the hell does Bill Gates think he is? The boss of all?
He should be locked up.