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Tuesday, 13 October 2020 20:40

Op-Ed: California’s Misguided Electric Vehicle Policies

Written by Brendan Flanagan, The Center Square
EVgo charging station located in a parking lot in South San Francisco Bay Area. EVgo charging station located in a parking lot in South San Francisco Bay Area. Shutterstock

Index

In addition, allowing large utility companies to corner the market on constructing EV chargers will disincentivize private sector investment. It is clear to anyone on the road that the private sector effectively fuels our nation.

 

And these private companies stand ready and willing to compete in the growing EV charging market. For example, ChargePoint, which is one of the first and largest electric vehicle recharging networks, even recently announced that they would be going public.

 

But these companies have to fund the construction of chargers out of their own pocket, and cannot compete with large utility companies that are able to use their current electric customers to fund this cost---even though these chargers will likely bring in money for the utility company in the long term.

 

The “utility model” unfairly chases small business owners out of this marketplace. And without private sector investment, less EV charging stations will be built.

 

If California’s elected officials are serious about transitioning to EVs by 2035, more EV chargers will be needed. The best way and most consumer-friendly way to get more EV chargers is to work with the private market to get more private capital invested in charging. But, to do that, the state should stop approving utility companies that want to increase the bills of their customers to cover the cost of EV charging.

 

Brendan Flanagan is a Democratic consultant and a veteran of Obama for America.

 

We thank The Center Square for reprint permission.


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