Dive Brief:
- Idaho lawmakers are considering a bill to allow companies which own electric vehicle (EV) charging stations to resell the power being used, The Times-News reports.
- State law currently makes it illegal to resell power from the grid, though EV charging stations can structure their costs to include the cost of power in, for example, the price of the parking space.
Dive Insight:
A new law being considered in Idaho would allow owners of electric vehicle charging stations to resell power. But Idaho is not a heavy adopter of electric vehicles, the Times-News reports, with about 175 vehicles registered in the state.
Idaho Power, which discussed the measure at a House state affairs committee recently, offers a time of day variable pricing rate for EV charging.
The company is "preparing for accelerated consumer adoption of EVs."
Four years ago, President Obama proposed having a million EVs on U.S. roads by the end of this year , but there are only about 30% of those in operation. Global revenue from EV charging equipment is expected to grow from $81 million today to $2.9 billion by 2023 and annual U.S. sales of workplace charging systems will reach over 63,000 by 2020, according to Navigant Research.
