Comment More demand means more money available (Score 1) 115
...in short, EVs can greatly improve their profitability. Which translates to any combiation of three things:
1) More profits
2) A better, more reliable grid
3) Lower rates
...As for the above article: the study isn't wrong, it's just - beyond the above (huge) problem - it is based on stupid assumptions.
to the contrary. If you read to the bottom of the summary, it draws a similar conclusion:
But Li and Jenn suggest that the greater volume of electricity consumption will exert a downward pressure on prices (people will pay more overall but pay somewhat less per unit of electricity). Based on a few economic assumptions, the researchers conclude that this would roughly offset the costs of the necessary grid expansion, so the price per unit of electricity would be largely static.
This makes sense. Expanding the grid capability was paid for by selling the electricity produced, so more electricity sold will pay for expanding the grid capability to sell more electricity.