3 Reasons Utilities unprepared for EV growth. New Study.

The new study is from: Smart Electric Power Alliance

What 3 reasons does the Smart Electric Power Alliance give for utiltiies being unprepared for Evs?

• 75% of utilities were inthe early development or early planning stages for EV
  • The 75% account for service to 70% of the US
• Utilities are reacting to EV rollout in a way that’s very similar to utility reaction to the growth of distributed solar
• Its predicted that EV energy use will grow exponentially
  • “EV energy use could rise from a few terawatt-hours a year in 2017 to at 118TWh and as high as 733TWh by 2030.”

Pacific Business Journal | Electric utility companies largely unprepared for anticipated EV boom, report says