This analysis examines costs and revenues associated with EVs between 2012 and 2019 in the two utility service territories in the US with the most EVs of any–Pacific Gas & Electric (PG&E) and Southern California Edison (SCE). This analysis observes that over those eight years, EV drivers in PG&E’s and SCE’s service territories have contributed $806 million more in revenues than associated costs, driving rates down for all customers.

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Date: July 2, 2020

Countries: United States

States: None