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As an increasing number of states move to electrify transportation, utilities are facing both stresses and opportunities. Consumers, accustomed to the ease of conventional cars, want the same from electric vehicles — which means that charging must become cheaper and easier. Yet the high price-point of installing and using certain types of charging infrastructure continue to prove a barrier to more widespread EV adoption. That’s where battery storage comes in: on-site batteries can charge off-peak, store the power, and discharge to cars without taking more power from the grid. This will help mitigate the dreaded demand charge, which can an range from $2 per kilowatt all the way to $90 per kW. And, if more than one car needs to charge at a time, one vehicle can charge from the battery while the other pulls electricity from the grid. Analyssi from consulting group McKinsey shows that batteries could reduce demand charges by a full 73 percent, leveling-out load peaks in the process and further enhancing the affordability of charging stations.

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