‘It’s A Huge Problem’: California’s Sky-High Electricity Prices Bring A Shock To Biden’s EV Dream
California electricity bills are among the highest in the nation and are set to continue skyrocketing, putting state and national green ambitions in the spotlight.
The state’s largest energy providers reported average monthly bills dwarfing those of other states in 2021, E&E News reported. If prices keep rising, as current projections say they will, electric vehicles will continue to be more expensive than traditional gas-powered cars.
The surging prices could act as an impediment for the electric vehicle industry in the state. Democratic Gov. Gavin Newsom signed an executive order in 2021 banning...