Analyst: EV Charging More Expensive Than Gas

As Illinois transitions into a more electric vehicle-friendly state, an energy analyst says the cost to charge vehicles may slow the process.

Gov. J.B. Pritzker wants 1 million electric vehicles on Illinois roadways by the end of the decade. According to the U.S. Department of Energy, at the end of last year, there were just over 36,000 EV’s registered in Illinois.

Energy analyst Bill Cinnamon said the adoption of EVs will hit a brick wall when people realize how expensive it is to charge EVs at work or at public charging stations. And charging costs will continue to escalate as the price of grid electricity skyrockets.

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“If we trade gas stations for utility-based EV charging during the day, our costs to drive the car and fuel up those cars is going to cost even more than gas at $3.50 a gallon,” Cinnamon said.

justthenews.com/nation/states/center-square/energy-analyst-says-ev-charging-more-expensive-gas

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