Navigant: Grid balancing could mean profit for plug-in EV owners

Plug-in electric vehicle owners who participate in frequency regulation or demand-response programs could earn back more of the cost of ownership of their vehicle, says analyst Scott Shepard of Navigant Research. He adds that “plug-in electric vehicles represent an increase in load that could be used to capture renewable electricity generation and help balance generation with demand, theoretically making electricity marginally cheaper and cleaner.”