Fueling Alternatives: Gas Station Choice and the Implications for Electric Charging
Working Paper 29831
DOI 10.3386/w29831
Issue Date
Revision Date
This paper estimates an imperfect information discrete choice model of drivers’ refueling preferences and analyzes the implications of these preferences for electric vehicle (EV) adoption. Drivers respond four times more to stations’ long-run average prices than to current prices and value travel time at $27.54/hour. EV adopters with home charging receive $829 per vehicle in benefits from avoiding travel to gas stations, whereas refueling travel and waiting time costs increase by $9,169 for drivers without home charging. Increasing the charging speed of the existing network yields 4.7 times greater time savings than a proportional increase in the number of stations.
Non-Technical Summaries
- A range of public policies, including funding the construction of electric vehicle (EV) charging stations, are designed to promote a...