Energy & Water
What is happening? Convenience stores and truck stops are joining forces to say that certain electric vehicle charging policies will stymie investment in a network of charging station
Why is this important? These groups say demand charges that the Rocky Mountain Institute in 2017 study showing demand charges could be responsible for over 90% of a charging station’s electricity costs. And, the ability of regulated utilities to own charging facilities in some states will keep private investment sidelined. Instead they say the goal should be to incentivize private investment.
How will this be important? “Retailers “have to recover all that expense but the utility does not because it’s been underwritten by all their other customers who are contributing. That distortion of the market is a problem, and a problem for private investment.” – Doug Kantor, general counsel of the National Association of Convenience Stores.
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