Will growing EV adoption increase consumer rates?
January 12, 2024
This is an excerpt of a story from ACEP鈥檚 blog, From the Grid: Dispatches from Alaska鈥檚 Energy Sector.
Display of electric vehicles at the 2023 Alaska Sustainable Energy Conference in Anchorage.
As electric vehicle technology continues to improve and market demand grows in the U.S., the adoption of EVs will undoubtedly increase in Alaska. We see evidence of this trend already.
What will this increase in electric demand mean for overall consumer rates as we work to address the gas conundrum over the next 5 to 10 years?