Utility Dive•30 days ago
Electric truck fleets could push down residential rates by 2035: report
- •Electric medium- and heavy-duty fleet electrification in California and Georgia is projected to modestly reduce residential electricity rates by 2035, according to an E3 analysis.
- •The potential for lower residential rates suggests that increased electric vehicle load could lead to more efficient grid utilization or new revenue streams (e.g., vehicle-to-grid services).
- •Realizing these benefits and managing the substantial new load requires proactive and measured investments in grid upgrades, including transmission and distribution infrastructure.
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