•••
Regarding Xcel's plans for a big EV charging network ("Xcel EV charger plan ignites opposition," front page, March 5), it's not useful to apply personal economic logic to critique and thus completely miss the community and statewide economic benefits.
Remember three years ago at the beginning of COVID when gasoline was $1.85 per gallon because demand had dropped? The same logic applies when 10-30% of cars are EVs. It is gas-car owners who will benefit the most from rapid adoption of EVs.
Almost all of my charging (over 95%) occurs at night when electric utilities have excess capacity. With a larger installed base of EVs, the utilities' fixed costs will be spread out over a larger volume of sales to EV owners, reducing all ratepayers' costs.
At $3.30 per gallon, Minnesota burns about $11 billion a year of gasoline. If cars were entirely electrified, the electric bill would be less than $2 billion. A one-time $200 million investment to drive us toward saving $9 billion every year that remains in the local economy is an astounding opportunity. We could eliminate the vehicle sales tax, pay for road infrastructure, buy wind turbines, strengthen our utility network and their distribution lines, even provide a $10,000 rebate per EV, and still have money left over to provide an immediate positive cash flow for EV owners, gas car owners and utility ratepayers.
Philip Adam, Plymouth
•••