Steep utility fees are killing electric-car charging stations

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 […]

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