Waxman-Markey lays groundwork for electric vehicle mandate

July 1, 2009

The Waxman-Markey climate bill prepares America for an electric vehicle mandate.

Sec. 121 of the bill mandates that electric utilities develop plans…

… to support the use of plug-in electric drive vehicles, including heavy-duty hybrid electric vehicles.

“Support the use” means providing for the…

… deployment of electrical charging stations in public or private locations, including street parking, parking garages, parking lots, homes, gas stations, and highway rest stops.

The plans may also require…

… (i) battery exchange, fast charging infrastructure and other services; (ii) triggers for infrastructure deployment based upon market penetration of plug-in electric drive vehicles; and (iii) such other elements as the State determines necessary to support plug-in electric drive vehicles.

Who will pay for this? Waxman-Markey says that,

Each State regulatory authority (in the case of each electric utility for which it has ratemaking authority) and each utility (in the case of a nonregulated utility) shall consider whether, and to what extent, to allow cost recovery for plans and implementation of plans.

So state regulators and utilities will get to decide whether to pass the costs on to consumers as increased electricity prices or whether to directly stick property and business owners with the costs. To the extent tax credits/deductions are available, taxpayers will pick up the tab.

How much will this cost? How much money do you have?

While Coulomb Technologies’ sells its “Smartlet” for between $1,000-$2,000 per charging station, Toyota’s unit costs $4,600, Edison EV’s cost $5,000-$10,000 (indoor units) and $15,000-$20,000 (outdoor units), and solar-power stations cost as much as $85,000 for a six-station unit.

In addition to up-front unit costs, installation and maintenance add to the price and, perhaps most importantly, there’s the time-is-money factor. A full charge from a 120-volt outlet could take 10-12 hours. A full charge from a 240-volt outlet would take about half that time. Contrast that with the 5 minutes or so it takes to pump 20 gallons into an SUV. Not very convenient. Battery exchange? Who is going to want to schlep heavy batteries around at a filling station?

Without the Waxman-Markey mandate, it’s not likely that too much electric vehicle infrastructure would be installed. According to Diane Wittenberg, the president of Edison EV, a subsidiary of Edison International (NYSE: EIX):

“There’s no real financial incentive for anyone to operate a charging station at this point… There’s just no way you could sell someone into doing a recharging station (for profit).”

Your driving future courtesy of Waxman-Markey... woman not included.

Your driving future courtesy of Waxman-Markey... woman not included.

8 Responses to “Waxman-Markey lays groundwork for electric vehicle mandate”

  1. markdsweet Says:

    This is just another plan to remove you from the ability to move freely. You are much easier to control if you have to use public transportation. And it is very difficult to create a weapon out of an electrical outlet. You are being, restricted, for your own good.

  2. henrychance Says:

    We do have nuclear. Our technology is new and safe. Pres Bush commissioned an aircraft carrier recently in the name of his father. It’s nuclear reactor is safe enough for the Navy. It is outside the reach of people walking with picket signs and is was certified outside the scope of the land based regulators.

  3. sbartsch Says:

    But Electricity (in the form of coal burning plants) is BAD. And at the rate of 1 per 30 years, nuclear is not an option. Wind and Solar are inefficient and unreliable.

    Pray tell, what are we plugging our electric cars in TO?

  4. henrychance Says:

    This will not work. Driving 1.5 hours and waiting for a 3 hour charge means we won’t buy the car. Running the a/c and slow traffic hurt the range. There are not any honest numbers out there on what a “rapid charge” will cost. The only price we have is that a fast charger for the home may be 1,500 dollars plus electricity. If a charge station charges a toll of 25 dollars, that would be cheap. A 7 dollar car wash is 20 cents worth of water. Along a new shovel ready interstate, the parking lots would need to be huge to contain hundreds of cars waiting for their 3 hours of charging.

  5. glenncz Says:

    Electric cars are complete insanity! My neighbor has a nice Toyota Yaris that gets 45mph and costs $12,000.
    Wind turbines will never power our grid, they wouldn’t even work in Texas.

  6. nigelf Says:

    But they will make us do this because they know what’s best. Remember, democracy means you have the right to choose, even if the choice you make is wrong.

  7. […] Electric vehicle mandate July 1, 2009 Filed under: Costs of Cap and Trade, Economic Impact — praybrethren @ 10:21 pm The cap and trade bill lays out a mandate forcing utility companies to provide plug-in stations for elec…. […]

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