Posted on 09/03/2022 11:56:06 AM PDT by Fractal Trader
Charging electric vehicles in Britain soon will be more expensive than filling up gasoline-powered cars thanks to soaring electricity costs — an economic switcheroo that could be a harbinger of shrinking financial benefits for Americans who go green.
British energy regulators told electricity consumers to expect to pay 80% more beginning Oct. 1. The national price cap on residential electricity will send the average bill from about $190 per month to an estimated $343 per month, or more than $4,000 per year.
The shocking price hike stems from the nation’s limited reserves and Russia’s cutoff of one of the region’s major sources of electricity generation: natural gas. British energy prices eclipsed those of many other Europeans because the nation lacks domestic energy storage and production of natural gas, nuclear and renewables, making it more reliant on imports.
Kenny Stein, policy director of the Institute for Energy Research, warned that the financial hardship in Europe from rising energy prices is an omen for Americans if the U.S. transitions from fossil fuels to renewables faster than the supply can handle.
“For the U.S., this actually gets to an underlying fallacy of a lot of people that are pushing electric vehicles: They assert electric vehicles are cheaper because they assume electricity prices are going to stay cheap,” Mr. Stein said. “You’re combining the increased demands on electricity. That means you’ve got to build a new generation.”
[SNIP]
British electricity prices will nearly double from about 33 cents per kilowatt-hour to 60 cents per kilowatt-hour, making electric vehicles cost more before and after owners drive them off the lot. The average electricity cost in the U.S. is less than 11 cents per kilowatt-hour, according to the Energy Information Administration.
(Excerpt) Read more at washingtontimes.com ...
The worst part, they’re closing the pubs at 2100 hours!
Lierally right on cue. Many of us predicated this even to the approximate time. But what do we know?!
Just utterly moronic. Listening to the stupid before any studies or experiments on how this would all work out.
The peons get to walk - if their masters sign their travel papers.
So what, cost has nothing to do with the First Church of EV.
Stupid leftist sheep. LOL
Virtue signaling is getting pretty expensive. 😄
oopsie
that wasnt supposed to happen until the gas cars were illegal
bus bike or a good pair of sneakers for the peasants
what kind of electricity?
you mean from “fossil” fuels?
that will be illegal too
it will be all solar/wind
prices thru the roof
bus bike or a good pair of sneakers for the peasants
they promise the jetsons
you get the flintstones
where is the 30 cal mount?
it is not about evs
its about making gas cars illegal
evs will be too expensive to run for the average peasant
bus bike or a good pair of sneakers
Bu...bu...but they’re standing up firmly against Putin, who cares if the peasants can’t afford electricity.
Consider this scenario.
A mandatory evacuation hits a gulf state or states and everybody with a battery car bugs out at approximately the same time.
Best case scenario there is the batteries were fully charged....at 300 miles out everybody is looking for a way to charge up.
If your fortunate enough to have been able to afford a tesla your gonna need at least 30 minutes to charge up IF you can find a tesla supercharger.....you and all the other tesla owners.
In the meantime a cat III+ hurricane is bearing down.
Since I do live on the Southeast coast, if I have to evacuate I suspect I’ll be seeing EVs scattered along the highway like so many discarded soda cans.
I’m sure there will be no panic.
Oh...I am surprised...
Anybody with at least ONE functional brain cell. Democrats on the other hand CLUELESS
Actually the left is probably hoping that will happen here......no gas OR electric.
I suspect part of their plan is to restrict movement and travel here as much as possible.
Yeah this a real shocker lol. Never saw this coming. EV’s will make us all slaves
The problem is that you won’t see them scattered along the Highway. They’ll be dead on the road blocking everyone else and the only way to get them moving again will be with a portable fossil fueled generator.
“EV’s will make us all slaves”
We won’t even have any gas to make molotov cocktails.
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