{"version":"1.0","provider_name":"Citizens Utility Board","provider_url":"https:\/\/www.citizensutilityboard.org","title":"Electric Vehicles Could Lower Power Bills for All Illinois Residents, New Study Finds | Citizens Utility Board","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"PjRP7H5RP5\"><a href=\"https:\/\/www.citizensutilityboard.org\/electric-vehicles-could-lower-power-bills-for-all-illinois-residents-new-study-finds\/\">Electric Vehicles Could Lower Power Bills for All Illinois Residents, New Study Finds<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.citizensutilityboard.org\/electric-vehicles-could-lower-power-bills-for-all-illinois-residents-new-study-finds\/embed\/#?secret=PjRP7H5RP5\" width=\"600\" height=\"338\" title=\"&#8220;Electric Vehicles Could Lower Power Bills for All Illinois Residents, New Study Finds&#8221; &#8212; Citizens Utility Board\" data-secret=\"PjRP7H5RP5\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","description":"[vc_row][vc_column width=&#8221;5\/6&#8243;][vc_custom_heading text=&#8221;Electric Vehicles Could Lower Power Bills for All Illinois Residents, New Study Finds&#8221; font_container=&#8221;tag:h2|font_size:24|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;5\/6&#8243;][vc_column_text][\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;5\/6&#8243;][vc_column_text]State\u2019s Utility Customers Could Capitalize on $2.6 Billion in Cumulative Benefits in Next Decade if Policy Makers Encourage \u201cEV\u201d Owners to Charge at Right Time FOR IMMEDIATE RELEASE: March 27, 2019 CONTACT: Jim Chilsen (o) 312-263-4282, (c) 312-513-1784 The robust growth projected for the U.S. electric vehicle (EV) market will usher in lower electric bills for all Illinois consumers\u2014including those who don\u2019t own a car\u2014if policy makers adopt key measures necessary to unleash the savings, according to an analysis released Wednesday by the Citizens Utility Board (CUB). The research is believed to be the nation\u2019s first analysis conducted by a consumer watchdog group into how the surging popularity of EVs on American roadways will impact electric customers and the power grid. The study, Charging Ahead: Deriving Value from Electric Vehicles For All Electricity Customers, is posted on the Research page of CitizensUtilityBoard.org. (Read a summary of the study here.) Based on data reflecting actual electricity-usage patterns in Illinois, the study found that consumers could reap more than $2.6 billion in cumulative benefits on their power bills by 2030, if state officials establish policies that encourage motorists to charge their cars during times of the day when there is less strain on the power grid and electricity prices are at their lowest. But if legislators and regulators don\u2019t implement smart charging policies\u2014and EV owners charge their cars during periods of higher power demand\u2014they risk increased stress on the grid and higher power bills. The study\u2019s authors estimate that anticipated EV proliferation could increase Illinois power bills by up to $856 million if nothing is done to encourage smart charging. The report emphasizes that policy makers\u2014not only in Illinois, but also throughout the country\u2014will determine whether utility consumers capitalize on the savings, as EVs multiply coast to coast. \u201cWhile the EV revolution is still in its infancy, we\u2019re already approaching a crucial crossroads in how to manage the ripple effects on our electricity costs,\u201d said CUB Executive Director David Kolata. \u201cThis research shows that escalating EV sales could lead to lower utility bills for everyone.\u00a0 To ensure that we seize this opportunity for savings, the public can\u2019t afford for their policy makers to wait.\u00a0 Action is needed now to set policies that help EV owners charge their cars in a way that benefits everyone.\u201d The report\u2019s recommendations constitute a policy blueprint that states should embrace in a quest to maximize the savings potential.\u00a0\u00a0 Foremost among them is a call for states to automatically enroll EV owners in \u201cdynamic\u201d pricing programs, where rates vary depending on the time of day when power is consumed. These rates could apply only to the cost of powering the EV\u2014other household usage would be billed separately according to whatever pricing plan the customer chooses\u2014and car owners could opt-out of the program. While electricity is most often billed under a fixed rate that rarely changes, dynamic prices fluctuate over the course of the day, as the total volume of demand on the system swells and dips. By funneling [&hellip;]","thumbnail_url":"https:\/\/www.citizensutilityboard.org\/wp-content\/uploads\/2017\/03\/CUB_IL_LogoBadgeRGBAdminLogo.png","thumbnail_width":254,"thumbnail_height":254}