Also, most of the time you're charging at home. In BC, electricity prices are $0.09/kWh... so dirt cheap.
Across the border in Maine it's ~.36/kWh which is getting close to your $100 a charge, granted Maine is not Canada.
As electricity demand goes up, gas demand will go down and according to economics it will just get cheaper.
I also expect most people are charging at home for much lower electric rates.
1USD per 10 kWh of gasoline. Efficiency about lets say 33%.
Otherwise it’s like running your dryer. So just FUD.
I think these are very real, and reasonable problems on the horizon. And like I said, these costs are already being noticed. My power bill is going up by over 10% in the next two years for capacity reasons. They are paying people to put in more efficient electric heating, so we are using less and paying more. I know this is info about my own region but Europe is also heading toward these problems on a wider scale:
https://www.euractiv.com/section/energy-environment/news/gro...
https://www.nationalgrid.com/stories/journey-to-net-zero-sto...
Also "Otherwise it’s like running your dryer". It is not, at all. If the cost of running my dryer goes up 10% that's not a big deal. Running my car at a 10% increased cost is significant. If my whole neighbourhood gets home at 5pm and plugs in, the grid would fall apart here.
E-cars almost always have charge scheduling built-in, to charge when cheapest. Here it is after 8 or 9PM for example.
"E-cars almost always have charge scheduling built-in, to charge when cheapest" if everyone charges when it's cheapest, it will no longer be cheapest. Demand drives cost.
If 80% of US drivers switched to electric vehicles, the total annual electricity consumption would be approximately 1,013,472,000,000 kWh (or about 1.01 trillion kWh). This calculation is based on the assumptions of an average annual mileage of 13,500 miles per vehicle, an average electric consumption of 0.34 kWh per mile, and a total of approximately 276 million vehicles in the US.
As a contrast, today's total output of power in the US is 4 to 4.5 trillion kWh. So capacity needs to increase 1/4 which is not trivial.
Caveat here is we keep the same efficiency in EVs.
Does not seem like a big deal.
A question. Is the extra electricity need to power electric cars less or greater than the amount required by more air conditioning due to global warming.
Key thing. Regulated utilities can't just raise prices to generate a profit. But capital improvements are an asset that you can earn a profit on. So investment is how you can 'grow the business'
Replace the pole pig feeding your house with bigger one? The utility makes a profit off that. If it were me I'd get the utility involved in upgrading residential panels to support heat pumps and car charging.
They also have a 2.5 cent discount for EVs evenings, nights, and weekends.
Your defeatism (elsewhere in the thread) is a bit tiring. On the other hand, once people decided to go to the Moon. They did it and returned safely! But according to you building a power plant and laying another set of cables per region is an insurmountable problem.
Add that and solar panels at home and work parking lots... done.