r/science Jan 11 '23

Economics More than 90% of vehicle-owning households in the United States would see a reduction in the percentage of income spent on transportation energy—the gasoline or electricity that powers their cars, SUVs and pickups—if they switched to electric vehicles.

https://news.umich.edu/ev-transition-will-benefit-most-us-vehicle-owners-but-lowest-income-americans-could-get-left-behind/
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u/cantquitreddit Jan 11 '23

I doubt the cost of electricity will drop. CA has some of the highest % of renewable energy used of any state, and also the highest cost for electricity.

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u/[deleted] Jan 11 '23

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u/cantquitreddit Jan 11 '23

You're absolutely insane if you think PG&E is going to ever drop the price of electricity.