Gas Prices... won't be a concern someday soon (Page 2): They are going to have to do A LOT of evolving!! Here's what the current situation looks like.

FrumCA

ArtzDarkroom wrote:

I suspect the evolution of solar panels and batteries will solve that problem.

They are going to have to do A LOT of evolving!! Here's what the current situation looks like.

Triple G

FrumCA wrote:

They are going to have to do A LOT of evolving!! Here's what the current situation looks like.

In IL, Com Ed is putting panels on subdivision houses' roofs and guarantee charging the owner 75% of current electrical costs for term of contract.

https://www.comed.com/SmartEnergy/InnovationTechnology/Pages/EVChargerReadiness.aspx

Effate Loc: El Dorado Hills, Ca.

Triple G wrote:

In IL, Com Ed is putting panels on subdivision houses' roofs and guarantee charging the owner 75% of current electrical costs for term of contract.

https://www.comed.com/SmartEnergy/InnovationTechnology/Pages/EVChargerReadiness.aspx

At a cost to taxpayers through federal and local incentives?

Triple G

Effate wrote:

At a cost to taxpayers through federal and local incentives?

No, residents buy system and get tax credits.

https://www.irs.gov/credits-deductions/residential-clean-energy-credit

Effate Loc: El Dorado Hills, Ca.

Triple G wrote:

No, residents buy system and get tax credits.

https://www.irs.gov/credits-deductions/residential-clean-energy-credit

How do you think tax credits are funded?

Triple G

Effate wrote:

How do you think tax credits are funded?

I'm not ready to assume that it's on the taxpayers not getting solar - I'm researching how the initiative is being funded; expense reduction, credit reductions in other areas, etc. I'll get back to you.

https://usafacts.org/articles/what-are-green-banks/

Learning a great deal. Should be revenue producing at some future point. Still resesrching.

https://climate-xchange.org/2022/10/27/green-banks-and-the-ira-how-states-can-leverage-funding/

Triple G

Triple G wrote:

I'm not ready to assume that it's on the taxpayers not getting solar - I'm researching how the initiative is being funded; expense reduction, credit reductions in other areas, etc. I'll get back to you.

https://usafacts.org/articles/what-are-green-banks/

Learning a great deal. Should be revenue producing at some future point. Still resesrching.

https://climate-xchange.org/2022/10/27/green-banks-and-the-ira-how-states-can-leverage-funding/

Looks like minimum corporate tax will pay for the first seed money.

https://www.morganlewis.com/pubs/2022/08/inflation-reduction-act-creates-27b-green-bank-fund-for-clean-energy-projects-but-false-claims-risks-exist

https://www.velaw.com/insights/the-inflation-reduction-acts-green-bank-begins-to-take-shape/

https://www.ncelenviro.org/app/uploads/2022/12/Green-Banks-IRA-Issue-Brief.pdf

ArtzDarkroom Loc: Near Disneyland-Orange County, California

Gas prices will probably never come down enough to please the general public

I'm not sure if prices will go down when electric vehicles decrease the demand, but that seems logical. Not a sure thing.

Electric vehicles as we know them now will not be the last iteration of personal mobility.

I can't imagine what is next... Star Trek Transporters?

Yeah, I'm reaching... lol

Haenzel Loc: South Holland, The Netherlands

Effate wrote:

How do you think tax credits are funded?

By fossil fuels tax

Effate Loc: El Dorado Hills, Ca.

Haenzel wrote:

By fossil fuels tax

Are those the taxes that are supposed to pay for our crumbling infrastructure instead of making Elon the richest man on the planet?

steve03 Loc: long Lsland

There are 6.2 million electric vehicles on the road in the USA 2 million of them cares. It seems that electric vehicles are here already. Marriott is putting in chargers in all their hotels.It would seem EV's are here to stay

DaveO Loc: Northeast CT

Effate wrote:

How do you think tax credits are funded?

That money will come from either Mexico, China, Russia...

Kraken Loc: Barry's Bay

steve03 wrote:

There are 6.2 million electric vehicles on the road in the USA 2 million of them cares. It seems that electric vehicles are here already. Marriott is putting in chargers in all their hotels.It would seem EV's are here to stay

Not so much in the frozen north, (Canada).

DaveO Loc: Northeast CT

Perhaps another term like "Non-fossil fuel vehicles" would include various other necessary alternatives.

thom w Loc: San Jose, CA

Kraken wrote:

Not so much in the frozen north, (Canada).

Don't know much about lithium ion, but no battery that I'm familiar with does well in extreme cold. In really cold areas tow trucks have car starting generators instead of car starting batteries. Pneumatic starters are also much more common in areas that get very cold. I'm guessing that is why electric vehicles aren't so popular in the frozen north. Don't know anything about fuel cells, but I'd be surprised if they do well there either