Charging Electric Vehicle More Expensive Than Gas: Analysts

  • As Illinois transitions into a more electric vehicle-friendly state, an energy analyst says the cost to charge vehicles may slow the process.
  • Gov. J.B. Pritzker wants 1 million electric vehicles on Illinois roadways by the end of the decade. According to the U.S. Department of Energy, at the end of last year, there were just over 36,000 EV’s registered in Illinois.
  • Energy analyst Bill Cinnamon said the adoption of EVs will hit a brick wall when people realize how expensive it is to charge EVs at work or at public charging stations. And charging costs will continue to escalate as the price of grid electricity skyrockets.
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