Posted on 01/19/2024 9:06:27 AM PST by ChicagoConservative27
The Biden administration has offered a broad interpretation for where EV charger projects can qualify for new tax credits — making those credits available in places where about two thirds of Americans live.
Under the Democrats’ climate, tax and healthcare bill, tax credits for electric vehicle chargers are available to those who build chargers in low income communities or in areas that are not considered urban.
In new guidance announced Friday, the Biden administration offered a wide interpretation of non-urban — saying that it applied to any census tract where at least 10 percent of blocks have not been designated as urban areas.
(Excerpt) Read more at thehill.com ...
EV fanboys live in a bubble of unreality. EVs at best are a niche product. If they weren’t the Democraps wouldn’t be doing everything in their power to ram them down our throats. I say get rid of the subsidies the skewed and totally false EPA standards and let the market place decide. Do they really want lipstick on a pig ie. 19th century technology (first commercial EV in US produced in 1890) dressed up or do they want tried and proved ICE Technology (also 19th cent, but continuously improved for 125 years)?
Yes for reasons not clear to me either Trump generates an irrational hatred from many but he also has the opposite effect as well. No one in my lifetime could generate the enthusiasm you see at the rallies.
Too tax credits for putting electric chargers in depressed neighborhoods?
Hey geniousus, if they could afford too purchase an electric car, they would not be living there.
Talk about being disconnected from reality.
“Do you ever take long trips by car? Do you ever drive in extremely cold weather? Do you live in a possible hurricane evacuation zone? Do you think that your power company has the capacity to have even 20% of the houses running at full demand? Just curious.”
I guess you missed the part where that model 3 would be strictly a commuter car that sees 106 miles 5/6 days a week across the heart of the DFW metroplex. I have two other cars already one with a 500+ mile range per tank so long trips would be as they already are in the S60 what would change is not putting 28,000 miles per year on a $50,000+ automobile vs a 33K EV the capex cost from zero are already lower per mile every mile from mile zero. Dallas doesn’t really get hurricanes and if we did our house is 30 feet above the 1000 year floodplain with a nice warm garage from it to sit in. So my experience with rental tesla did cover below 30 degrees which is a once or twice a year for a week or two in DFW coming out of my warm garage there was only a 5% loss of range. Given that it has 325 miles and it’s only 56 one way to work and a charger even 50% range loss would be irrelevant. My power company has never complained about people rocking their AC full bore which a 40amp draw would be less than half the load of the typical dual zone double 50 breaker amp systems around here. We are deregulated so we choose out energy provider individually on a house by house basis. Level 2 AC charging is not supercharging 40a@240v is only 9.6kw equal to a cloths drying machine running hardly grid crashing. Given that I only need 106 miles round trip even if I don’t charge at work which I would every day. A model 3 goes 4 miles or more for every kWh gross from the plug I have seen as much as 6 miles per gross kWh in bumper to bumper traffic. 26.5kWh is enough to cover that 106 mile commute. That’s 2.7 hours at a 40amp L2 rate. The wife routinely runs a whole days worth of laundry with the dryer running for 6+ hours a day or more. It’s moot for me I’ll plug it in at work when I get there in the mornings before lunch it will be full again and I’ll come home with more than enough charge to turn around and go all the way back the next day. I’ll never charge at home so it’s all academic.
EVs are a niche market,but for urban commuting they excel in it. Especially if you get free charging at work. I should have been more clear the goal is to stop putting 28,000+ miles per year on a luxury car and put those miles on a much cheaper 25_30k car that has comparable size and capacity. Adding in the savings of not paying for gasoline for those 28k plus miles tips the economics strongly to the EV, regardless of that the upfront cost is less than the more expensive vehicle that is getting rapidly depreciated. With 8yr or 120,000mi of life under warranty that’s 4.2 years under my usage cycle given that I have never kept a vehicle longer than 5 it’s right in line with my depreciation expectations. Just the fuel savings alone would be 15,000 half the capex cost. Even at 120k a model 3 is still worth ten grand or more in the used market so Capex recovery is not an issue.
Thanks for confirming my point about EVs being a niche product. You must have one of the lucky ones regarding range. An article in of all things the ultra liberal NY Times said
“ Consumer Reports reported last week that Tesla’s Model Y comes up short of claimed range in all types of weather. While its official EPA range is 326 miles per charge, the best range researchers were able to achieve was 274 miles in warm weather, while in cold weather, the vehicle could only travel 186 miles.”
And Texas doesn’t usually get as cold as Chicago which hit the news recently about dead Teslas due to cold weather.
As for demand, simultaneously running air conditioning and charging is what I had in mind about the inability of the grid to support widespread EV ownership. And as far as free charging. Just ain’t so. Someone is paying for that electricity. Ultimately it’s the stockholders of your employer. Presumably you live in a single family dwelling and can charge overnight; however, the 30% of the US population does not and has no option to even install any sort charger which complicates the Democrats’ hair brained scheme to force everyone into EVs.
I said before and will reiterate: “let the market decide. “ eliminate all subsidies and the ridiculous carbon credit scam. CO2 is an essential component of plant life and without plants we really will all die.
The “cold weather” stats on EVs need to looked at very carefully.
They do not look at very cold weather (like we have today in CT).
With all the hype I figured there would be lots of broken down EVs all over the state highways.
Then I found the stats—only 1% of the vehicles in CT are EVs.
They are a play-thing of the rich in this state.
Average folks can’t afford them and would refuse to buy them anyway. You do not want to get stuck on cold winter days.
Recent reports out of Chicago would tend to support the case against EVs as not being anything but a specialized niche product - virtue signaling status symbol that you can use as long as you have a least one other ICE vehicle when the trip falls outside the narrow EV optimum envelope.
“I HATE those arguments. Yes, it is “free” to you.”
The proper financial term is total comprehension package and if you don’t maximise that for your own benefit then your finance professor failed you. I cannot say anything else to this. Take every benefit your employer offers they are using your labors at a discount rate.
I’m still waiting for a credible answer to the question of where all that magic electricity is going to come from.
Simple truth is for a homeowner like myself who has 300 amp service. Which at max load uses half the amps of our connect which the power company is contract bound to give 300amp service too. Boomers don’t like EVs we don’t care the math makes sense for suburban commutes. If I can replace a $56K car that is running 28,000 miles a year with a 30K car that my employer will fuel up for me as part of my total comprehension package understand what that is I will take that if you boomers lack the financial wherewithal to understand that it’s no wonder the younger generations down on y’all.
You are using free wrong. It is not “free” for an employee to receive benefit from their employer. Who taught you economics or finance? If an employer offers benefits in kind as part of the employment package to their employees that’s not free that’s part of the compensation package my God who teaches finance these days.
So a corrupt government pushing a corrupt scam to make corrupt payments (what you call “benefits”) to the the corrupt lucky few using the taxes paid by others who cannot avail themselves of the corruption meets with your approval. Okay.
Who in those low income communities can afford the expensive EV's and the required electric chargers installed in their run down homes?
And for what it's worth, I can't see anyone spending the time waiting for their EV to charge up in some run down, dangerous neighborhood.
The LFP batteries weigh more, so that why they haven't been used for the long range model. That appears to be the case with other OEMs.
Ah, but the devil (Deep State) is in the details, isn’t it. For those...
https://www.kiplinger.com/taxes/605201/federal-tax-credit-for-electric-vehicle-chargers
Read it and weep, folks.
Still unaffordable for most folks.
So for whom was this really intended?
Or is this going to be another slush fund used for something completely different...?
Free is just a word.
The people who knowingly misuse it are liars.
The Hill article isn’t very clear, but I think the author is writing about EV Charging Infrastructure Tax Credits which can be up to $30K. I concur with your conclusion though.
https://www.evconnect.com/blog/ev-infrastructure-tax-credits-incentives
YOU are the one who started talking about “free” charging courtesy of an employer.
It is dishonest to use that word, and that was my point.
There is virtually nothing that is actually free (in the monetary sense) in this world, but advertisers love that word because so few people understand its real meaning.
From reading your posts, you seem to have very little understanding of how to convey ideas using the English language in written form. That is emblematic of how badly eroded our educational systems have become and how lazy people are in today’s world when attempting to express their ideas.
You are posting on a phone, right?
You come across as an elitist punk. Keep it up and you won’t last long here.
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