The Colorado Energy Office tasked Atlas Public Policy (Atlas) to conduct an analysis to inform the cost of electricity used in total cost of ownership calculations for the State fleet’s assessment of electric vehicles (EVs). Further, Atlas was tasked with assessing the potential benefits of dedicated EV-specific rates in Xcel Energy and Black Hills Energy’s territories for the subset of charging stations that are served by a dedicated meter. This report recommends a cost per kilowatt-hour for each utility service territory for use in total cost of ownership calculations.
Atlas Public Policy thanks the Colorado Energy Office for providing the funding which made this research possible.