
“Unlike fossil fuels, the cost of residential electricity has stayed consistent, with the national average hovering between 12 and 14 cents per kilowatt-hour. Electricity prices aren’t as volatile because the US has many sources of electric power, including wind turbines, solar panels, nuclear plants, and domestic oil and gas drilling….Rather than having all your eggs in one basket, like you do with the gasoline market, you have multiple eggs in multiple baskets.”
–Sara Baldwin, director of electrification policy at the Energy Innovation think tank. It’s now three times cheaper to fuel an electric car than a gas-powered car in the US. [Quartz]