In 2022, the Biden administration signed into law the Inflation Reduction Act, which, among doing other things, invests heavily in renewable technologies and infrastructures like electricity. At this critical moment, it’s worth asking what the biggest challenges facing our power grids are. They have come under trial in recent years due to overuse and extreme […]
Before being adjusted for inflation, the cost of electricity is at an all-time high. Increasingly extreme weather is impacting the cost of energy by increasing demand and limiting supply (whether through drought or damage to infrastructure, for example). Fortunately, there are measures that residents can take to save on the cost of energy in these […]
Electricity prices reflect the costs involved to build and maintain power plants and the grid. Multiple factors influence these costs, so energy rates fluctuate from state to state, year to year. The year 2021—the last full year on record—saw a 4.3 percent increase in the average price paid by US electric customers. That number put […]
At first, Tesla had the electric vehicle (EV) market mostly to itself. That’s because few people saw the viability of an EV market, so Tesla was able to strike early and fast. But Tesla’s success in making EVs mainstream has since drawn the attention of major automotive manufacturers and startups worldwide. Many of these automakers […]
September 12, 2022 | 3 mins
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