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  5. Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging

Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging

  • Jackson Dorsey
  • Ashley Langer
  • Shaun McRae
American Economic Journal: Economic Policy (Forthcoming)

Abstract

This paper quantifies the value of electric vehicle (EV) charging networks and the marginal value of network speed and density. We estimate a model of gasoline drivers’ refueling preferences and simulate how these potential future EV drivers value refueling time under counterfactual charging networks. Drivers value refueling time at $19.73/hour. EV adopters with home charging receive $675 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs $7,763 for drivers using public charging. Increasing network charging speed yields three times greater time savings than a proportional increase in station density.

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