Power
makes sense when the standard energy mix is considered, with averages on the grid usually sitting at a 70:30 ratio, where 70 percent of energy comes from fossil fuels, and the remaining 30 percent comes from carbonneutral sources. As such, sourcing energy solely from renewables comes with added costs. Although there’s not a lot that can be done about the price of sourcing this energy on the supplierside, costs can be heavily offset when carbon credits are brought into the picture. This is because, once a charging station provider is utilizing 100 percent renewable energy and receives accreditation from their governing body, they're able to generate carbon credits which can then be sold to offset the higher costs associated with purchasing renewable energy from a provider.
TO TRULY MAKE AN ENVIRONMENTAL IMPACT BOTH BUSINESSES AND CONSUMERS NEED TO ENSURE EVERY LINK OF THE CHAIN IS CONSIDERED.
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Through doing so, not only are these EV charging stations able to ensure their customers are using a truly carbonneutral method of transport, but are also able to accelerate the offset of original energy costs from the manufacture of their vehicles. According to an article in the Wall Street Journal, this takes 20,000 miles of driving to break-even with a traditional, combustion-engine vehicle. Additionally, the use of only renewable energy and the subsequent offsets from the generation of carbon credits means that EV charging station
