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Reply #5: It is possible that they can use those EVs to reduce their costs of energy. [View All]

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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-30-10 02:40 PM
Response to Reply #4
5. It is possible that they can use those EVs to reduce their costs of energy.
Not only direct savings in the cost of electricity over petroleum, but if they are equipped with V2G capability they can sell power for balancing the grid to the local utility at a substantial profit on the stored power. Studies show the it is perfectly feasible for early adopters (those who buy before V2G equipped EVs make up more than 5% of the vehicle fleet) would on average make about $3000 by participating in such programs.

I'd be willing to bet this is part of the calculus used by GE in their decision.
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