IEEE Electrification Magazine - March 2017 - 65

More than half of
respondents believe
it is important for
their utility to be
involved in the
development of a
public charging
infrastructure.

faster at-home charging, public
charging at work and other frequented places, and high-speed public
charging stations is less than the current cost of providing those services
[13]. 2) A majority (52%) of respondents said they prefer an unrestricted,
fixed-price charging plan over plans
that offer discounts of up to 16% for
elective (but more expensive) or
restricted nighttime charging [13].
3)  More than half of respondents
believe it is important for their utility
to be involved in the development of
a public charging infrastructure [13].

Understanding the Value of Transportation
Electrification
One advantage of the utility participation in EV infrastructure deployment is to bring a long-term approach to the
economics of deploying and operating infrastructure with

a typical utility focus on safety and
reliability. Another benefit to this
approach is that properly designed
infrastructure programs can also exert
downward pressure on utility rates-a
benefit that accrues to all utility customers. EPRI has worked to model the
value of these programs; three generalized cases are presented here [14] to
address the following issues:
xx
Transportation electrification
could represent a net benefit to all
utility customers.
xx
Utilities helping to facilitate
the market could amplify these
benefits.
xx
Utility actions could range from basic customer education to facilitating easy, seamless grid connection, to
rate-basing infrastructure deployment.
Utilities, their regulators, and other stakeholders need
this information to examine the high-level benefits of

TablE 3. Projected gasoline prices, 2025-2035.
Gasoline Price Value

Escalation
Rate, %

2016

2025

2030

2035

Low gas price (US$/gal)

2.03

1.9

2.40

2.45

2.52

Medium gas price
(US$/gal)

2.03

3.5

2.77

3.29

3.90

High gas price (US$/gal)

2.03

9.4

4.56

5.08

5.64

100

100

90

90

80

80
61%

70

70

(%)

50

Customer-Side Infrastructure Costs
Incremental Electricity GHG Costs

60

60
(%)

Net RIM Benefit*
61%

EV Electricity Costs
50

Grid Capacity Costs

40

40

T&D Costs

30

30

Utility EV Monthly Bills
(Annualized)

20

20

10

10

0

*Data Labels Show Net RIM Benefit

0
Benefits

Costs
(a)

Benefits

Costs
(b)

Figure 5. The results of the RIM test for low and high future gasoline prices: (a) low-gasoline prices and (b) high-gasoline prices.
IEEE Electrific ation Magazine / march 2 0 1 7

65



Table of Contents for the Digital Edition of IEEE Electrification Magazine - March 2017

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