The paper “Unlocking System Savings With Flexible EV Charging: Lessons From Colorado” by the International Council on Clean Transportation concludes:
- Vehicle charging flexibility has the potential to reduce Colorado’s electric infrastructure costs by $100 million to $300 million per year in 2035 and $200 million to $900 million in 2050.
- Residential-sector cost savings are so large that they could pay for all of the Level 2 charging infrastructure in that sector.
- Managed charging programs and electric rates are necessary for consumers to benefit from vehicle flexibility.
- Electric system costs will be reduced where customer programs and related data are integrated into utility planning and operations.
Access the complete paper here
