12 Jan '18, 10am

Steep utility fees are killing electric-car charging stations

High utility fees are a major hurdle to electric vehicles and the commercial charging stations that serve them. Despite the success of General Motors’ all-electric Chevy Bolt and widespread anticipation of Tesla’s forthcoming Model 3 electric sedan, public electric-vehicle (EV) charging stations that can recharge a car battery in 15 minutes or less are hard to come by. A major buildout of fast-charging stations likely would help drive greater adoption of electric vehicles, experts say. But it’s extremely difficult for public charging stations to turn a profit because of volatile fees, called demand charges, that many electric utilities charge their commercial customers. Demand charges are special fees that utilities charge commercial customers, on top of the rates they charge for actual power usage, that correspond to the highest level of electricity the customer uses duri...

Full article: https://www.greenbiz.com/article/steep-utility-fees-are-k...

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