Quote:
Originally Posted by KMPrenger
I think it's only inevitable that as more EVs hit the roads, that electricity costs will go up. It's going to happen.
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Keep in mind in the United States, most utility companies are regulated at the state and municipal levels by public service commissions.
For example in Illinois our utility company (Comed) can’t simply increase the cost of a kilowatt hour at will like oil companies do with gas prices due to supply and demand
Electricity is not similar to other capitalist industries where supply and demand can dictate the price. There are alot of political factors at play
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