Maybe so, but nothing is immune to the laws of supply and demand. And the supply portion of electricity is very much a free market enterprise, especially in states with power choice.
Yes, there is the supply and demand issue, though they also subject to state regulations as to electrical pricing -- though that will vary by state (some states are more customer friendly), and it will be worst in states that do not have competition between electrical companies.
To give an example, during the pandemic, gasoline demand plummeted, since people were "quarantining at home." So they shut down operations, they quit drilling wells, etc. Oil companies lost a lot of money. In 2021, when the economy rebounded and oil prices went up drastically, oil companies were happy to make the profit, they were looking to earn back the money they had lost in 2020; and because of this they still did not drill for new wells or even re-open wells they had shut down.
This article mentions it in March of 2022, when oil companies still weren't drilling and the reason cited was "Wall Street pressure" -- investors were still wanting to make back the money they had lost in these stocks in 2020. Essentially, oil companies were keeping gas prices high for no other reason than to temporarily increase their profits.
The closest I can think to compare is if an electric utility was generating too much energy, so they shut down one of their power plants. When electrical demand went back up and they are trying to justify higher prices, due to supply limitations, the state is going to want to know why they haven't restarted that power plant and want online instead of rates being increased. They can't restrict supply to increase demand due to the state regulations, in the way other companies can.
Great question. And I should probably qualify my statement.
Rotating outages in California are decided by CAISO. They can decide if and when they're needed. We'll have to wait and see if they implement any rotating outages this year like they did back in 2020.
I'm not sure why you are bringing up California since neither of us live there. Though it does seem like many of the issues are of California's own making and some are even due to unethical past actions by the power company (see the many successful lawsuits against the company). To give one example, California has basically shut down all their nuclear reactors, the last one operating was going to be shut down in 2021 despite the power outages but, due to the shortfalls, was given a reprieve.
Yes, but even small shifts in electricity prices will have big impacts on the cost to charge an EV. Consider your EV6 battery at 77.4 kWh. For every 5 cents electricity increases, it cost $3.87 more to charge. Gas prices have to go up more than $0.25 to have the same impact on an ICE vehicle with a 15 gallon tank.
Not really a fair comparison of price increases. If we figure a national average of around $.15 per kWh, then a 5 cent increase is an increase of 33% -- that is a huge increase. Even if you only use a $3/gallon gasoline price (the average price is $3.63 nationally), for a similar increase you are looking at the price going to $4 per gallon.
I have no idea what other states do, but in PA, you can choose who supplies your electricity, not who delivers it to you.
I have no idea how it actually works, but I signed up with CleanChoice Energy because they had the best introductory rate for 12 months. They generate my electricity with 100% wind and solar. My power company then distributes the power to me.
My guess is that since I've chosen a different supplier, CleanChoice Energy generates the amount of electricity that I use for a given month. Penn Power, my power company, then generates that much less energy. Yes, it all ends up on the same grid, but the net result is that I'm choosing to have a different company generate and supply my electricity.
Even in my small town, there are three 24-hour gas stations within 3 miles of my house.
I have no idea why you're continuing to belabor this. I've already agreed that people who drive their EVs locally will almost certainly be quite happy with them.
I can state with confidence that there are FAR fewer charing stations than there are gas stations literally anywhere in this country.
Who is arguing that? Even with 100% EV adoption, there won't be as many charging stations as gas stations -- because almost all charging is done at home. There is no need for a charging station on every corner. Granted, there will need to be some "on street" level 2 charging, for some apartments and homes with no driveways, but that should not be a "charging station" issue.
When it's actually changed, then we can talk. Plans change. I'm more interested in reality.
Except it is changing, rather quickly. For example, this graph of the increase in
public charging stations and chargers per year. And if we were talking about plans 10 years out, that would be something different. But when you look at the amount of pre-planning needed (acquiring leases for the land of the charging station, the physical charging station hardware, contracts for the workers who will install and maintain the new units) to install a new charging station, when a company is talking at the end of 2023 about what they will do in 2024, that is typically pretty solid -- they've got pretty much all of the land, chargers, and workers lined up to be ready to meet those goals. Yes, some of the installs may have issues pop up and get delayed. But with Electrify America planning to double the number of fast chargers they have installed in 2024, with EVgo planning to install enough units that they would be larger than Electrify America by the end of the year (even with EA doubling in size), even if they don't meet goals you are still looking at an awful lot of chargers. And that doesn't include what Tesla, ChargePoint, Blink, and other charging companies plan for the year; or what any of the states are doing, such as West Virginias stations which, along interstates, are supposed to be done this year (with other major highways next year).
I am telling you that the owner of the EV said that to "avoid frustration" on my trip I needed to understand that there were no fast chargers on the island and there was no guarantee that I'd have access to a Level 2 charger. I'd think that maybe a native of Maui with an EV would have a better handle on this than you.
And you're being incredibly disingenuous when saying you can drive the length of Maui 4 times before needing to charge. I've never been to Maui, but from what I can see, it's quite mountainous. The Road to Hana has over 600 twists and turns and rapid elevation changes. The land area of Maui is around 727 square miles. It's not like there is a 46 mile road that runs the full width of Maui. Sheesh.
It is an extremely isolated case, literally an island. If you lived there -- or even if you were visiting and the place you are staying had an EV charger -- you likely wouldn't have any issue on the island in an EV. Mountains are less of an issue than you think -- yes, you need extra energy to get up the mountain, but a good amount of the energy to get up the mountain is "refunded" (regenerative braking) when you come back down the mountain.
And yes, 727 square miles is still quite small. Looking at the various metropolitan areas of cities with only a million, you are still looking at it covering thousands of sq miles -- over 5,000 sq. miles. These are places where people buy EVs to drive from their home in a suburban town/city and drive into the major city center for work everyday; yet we've agreed that isn't an issue. If Maui was only about 1 mile wide, which would make it about 700 miles long, then it might be an issue; but that isn't what Maui is.
I'd say you found the reason that rental car companies don't rent EVs on Maui, and you need to get them from someplace like Turo. At the same time, they aren't putting in charging stations because they aren't needed at the moment and the money can be spent better in spots where people need more chargers (such as West Virginia) for a successful road trip.
Oh no, it's a reliability issue. I know with a high-degree of confidence that when I hop in the 2020 Kia Forte I chose for my trip to Maui that it will be ready to take me wherever I need to go. Just add gas.
No, it is a fueling issue. When I was at home and could not buy gas for my car (hurricane, flooding, no power due to weather, etc.), I didn't blame my car's reliability. The gas car wasn't broken.
Great. So you want to sit for "an hour or two" to get where you need to go. Sounds just a teensy bit longer than it would take to get gas and go. Particularly frustrating if you have reservations and need to be somewhere on time.
Also just as an FYI, it can take between 6-12 hours to charge a Tesla on a level 2 charger.
Again, in one small island in the US -- why do you keep arguing these edge cases which have nothing to do with you owning an EV? Yes, it is going to stop you from renting one on a vacation, where you are flying. It also apparently hasn't stopped people on the island from buying EVs.
Sure it is. One charging station with 3 chargers vs. 7 gas stations with 12 pumps each.
To answer this question, "I have no idea why you're continuing to belabor this. I've already agreed that people who drive their EVs locally will almost certainly be quite happy with them," the above is exactly why. Again, it makes no difference, to you, that you only have one charging station but 84 gas pumps -- unlike the gas pumps, if you owned an EV, you should never have a reason to visit one of those three chargers. If you have someone drive to visit you and they drive an EV, then it could potentially be an issue, but it isn't an issue for you. Your issue is the number of fast chargers in Pittsburgh, or West Virginia, or wherever else you might drive enough that range becomes an issue.
I don't. But then, I also don't claim my vehicle can take me any predetermined distance either.
You kind of have, at least to the same extent that we've talked about EV ranges. I think the actual complaint is that you don't worry if your car can take you a predetermined distance and, as a daily driver, I don't either.
If you are talking about road tripping, yes, you need to worry a little in EVs because there aren't as many charging stations as there are gas stations. So, I will look at what charging stations are available before I take a road trip.
Honestly, though, I did much the same when I road tripped with my gas car. Of course, some of that is because I've tended to frequently drive in the Western US -- states like Arizona, New Mexico, Colorado, Utah, Wyoming, etc. -- places where you can go for quite a distance and not see a gas station. Or, in some of the remote areas there will be a gas station but gas will be a $1 more a gallon, since they built the gas station in the middle of nowhere. Same with some of the small mountain towns in Colorado. And that may partly explain why an EV doesn't bother me that much,
Not all that far from here, there is a Sheetz gas station right off of I79 with Tesla Superchargers. Pretty sure there are 4. It's not all that uncommon to see Teslas waiting for a charger at that station. I agree they're probably "only" waiting 5-10 minutes, but then they have to wait another 15 minutes once they actually get plugged in.
If you are talking about Grove City, it appears there are 6. Looking at comments, it appears the only issue some have had is when ICE vehicles park in the charging spots.
Is the denial of reality a prerequisite for owning an EV?
The numbers don't lie: thanks to a litany of problems and hurdles, the electric vehicle market is cooling.
www.boldbusiness.com
Odd, I read the article and find things like this, "If expectations aren’t satisfied, and EV sales targets aren’t met, then positive figures mean little. As it turns out, this appears to be the case for the U.S. electric vehicle market." They are saying what I said, it isn't that EVs aren't selling (and even selling more than last year) but rather that "expectations" that aren't being met.
They go on and say, "While GM did see a 20% YOY increase in EV sales, electric vehicles still only reflect 3% of all car sales for the company. As such, GM announced it would be scaling back on EV production, and Ford Motor Co. did the same." Again, it supports what I said, they are seeing sales growth but, because they expected EV sales to be a lot higher, they are scaling back production since they overestimated the number of cars needed.
Again, we'll see how the 2024 numbers end up but, the most recent numbers I've seen still show that more EVs are being sold, just the market segment isn't growing as quickly in the US as automakers have planned, so they are scaling back.
Tesla just laid off 10% of their workforce on Monday.
These aren't indications of a "hot" market.
Interesting that you put "hot" in quotes. As for Tesla, my impression is there are multiple factors at play -- including some sales not being as high as they would like, though still increasing, and that their price cuts over the last couple of years is making them cut expenses. One other factor, Tesla is facing increasing pressure in various markets (such as Europe and China) from the Chinese EV makers, with their low cost EVs. I believe there is a real fear at Tesla that they won't sell as many cars in Europe and China, not because their are less EVs sold, but because some of those who would have bought a Tesla will buy a cheaper Chinese Ev.
2024 is going to be interesting. As I've already posted, some analysts think this might be the year that EV sales decline. Only time will tell.
Growth has long been a given. But a dismal stretch for the industry has at least a few analysts wondering.
nymag.com
But, once again, this reinforces that EV sales have not dropped, yet. Yes, maybe EV sales will drop in the US this year. At the same time, Kia is coming out with some lower priced EVs, the EV3 ($30,000 MSRP for the base model) and EV4 ($35,000 MSRP for the base model), that are supposed to be released late this year in the US. I would think a $30,000 Kia EV might have a chance at selling well -- particularly if they build it in their US plant and it gets the $7500 federal tax credit.
PA Power Switch does not include the distribution cost in their estimates. You have to look on your electric bill to see that.
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In fact, no state includes the distribution cost when comparing, because you're only comparing the supply cost.
One of the first questions customers ask when considering their energy options is whether switching providers will affect how electricity is delivered to their home or business. The answer is no; energy choice does not impact the delivery of electricity, but rather, it affects the supply portion of your energy use.
...
In states that allow energy choice for electricity and natural gas, the pipes and wires that deliver the energy to retail customers (the transmission and distribution costs) are still owned and operated by traditional monopoly-protected utility companies. Those costs are still price regulated, and the utilities receive rates reflecting their costs plus a reasonable profit.
Have you heard of energy choice? REAL walks you through energy choice; the concept, its history, how it works, and where it's available.
www.retailenergychoice.org
I find it interesting that you keep showing $0.11kWh pricing for your electricity rate, at least for your location, and the website I used showed a $0.17kWh price for electricity in Pennsylvania. As I'm guessing you use somewhere in the range of 1,000kWh per month, that distribution fee is likely only around a 5% price increase; with that small a price increase when you add the distribution fee, I'm not sure why you are arguing it so hard.