Absolutely. Buying electricity from your local electric utility keeps dollars in the local economy, providing jobs and economic opportunities where you live and drive. The U.S. Energy Information Administration reports that more than 80% of the cost of each gallon of gas immediately leaves your local (and often state) economy. Not spending money at the pump keeps more money in drivers’ wallets, creating more opportunities to support local businesses.
Do EVs keep money in the local economy?
Related Articles:
NEVI Funding: Tracking the build-out of America’s EV charging network
More and more EVs are on the road every day, and public charging is rapidly scaling up. While most charging is done at home, drivers need public fast charging to support long-distance travel and enable consumers who don’t have access to home charging to make the transition to electric vehicles.[…]
More EVs in the U.S. equals more jobs in the U.S.
The transition to electrified transportation is here, and the Biden-Harris Administration’s Investing in America Agenda is accelerating progress. The agenda includes legislation like the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA). This legislation supports activity across the EV industry, including $7.5 billion for the roll-out of 500,000[…]
