Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: thackney

Maybe this is a good investment for the electric company. For a $2400 investment they get to charge about $1000-2000 extra for electricity each year. Even removing there cost of generation they should have their money back in 2-4 years and then profit beyond that. Besides if you already have the charger your next vehicle is probably going to be electric as well.

No reason to automatically assume the cost is passed to the neighbors.


54 posted on 07/24/2013 4:55:20 AM PDT by JosephW (Mohammad Lied, People die!)
[ Post Reply | Private Reply | To 47 | View Replies ]


To: JosephW

Where did you come up with the fuel cost?

Typical electrics are cost ~$500 a year to “fuel”.

http://www.fueleconomy.gov/feg/evsbs.shtml

Typical profit margin from a power company is 10%.

So they make $50 a year selling the extra power. It would take 48 years to recover the cost, no counting the time value of money which makes it longer.


58 posted on 07/24/2013 5:03:28 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 54 | View Replies ]

To: JosephW

Tax Credit For Electric-Car Charging Station Is Back
http://www.greencarreports.com/news/1081776_reminder-tax-credit-for-electric-car-charging-station-is-back


65 posted on 07/24/2013 5:35:01 AM PDT by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 54 | View Replies ]

To: JosephW; thackney
No reason to automatically assume the cost is passed to the neighbors.

Does the electric car get plugged in at peak usage times (i.e. 6-8 pm)? Then the cost is passed to me, the neighbor. If done in the wee hours, then not as much. Another cost that will be passed to me is upgrading the wires. Full electric cars require an enormous amount of power and therefore new copper has to be strung.

77 posted on 07/24/2013 6:15:31 AM PDT by palmer (Obama = Carter + affirmative action)
[ Post Reply | Private Reply | To 54 | View Replies ]

To: JosephW
No reason to automatically assume the cost is passed to the neighbors.

You apparently don't know how electric rates work.

Utilities typically are very regulated when it comes to how much they can charge for electricity. The price is based on their costs (all of them). For example, if a utility gets sued and has to pay out a $1M settlement. It gets to roll that cost into their rate structure and then charge their customers accordingly (adding in the agreed upon profit).

THAT's why they were always so eager to participate in the various rebate programs for swapping out to more efficient lighting, etc. They got to raise rates to recover their costs plus profit. It isn't like a normal company that would simply write these costs off.

100 posted on 07/24/2013 6:53:19 AM PDT by BlueMondaySkipper (Involuntarily subsidizing the parasite class since 1981)
[ Post Reply | Private Reply | To 54 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson