kltye
Well-Known Member
- Joined
- May 21, 2021
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- IB MME Premium RWD
Competition has nothing to do with pricing currently. Selling electricity if you're not the power company is difficult to turn a profit - even moreso with DCFC. Equipment cost, site cost, and demand charges are $$$, on top of basic electricity cost.It looks like that EVGO is .55/kw. At that price it would have been cheaper to drive my previous ICE. Hopefully some competition will keep the rates from getting so high that an EV is not practical on the highway.
I spoke to an engineer from Madison Gas & Electric - who are wholeheartedly supporting EVs - and he confirmed that practically no one in the business is making money right now selling electricity. Another nugget of information is that Tesla is happy to spend a ton of money on their Supercharger network. For instance, Tesla decided to move a site within an area, and were happy to write checks for whatever amount was needed to make that happen ASAP.
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